Crypto and Mining Tax in Malaysia? RM 40,000 Profits

Eh you got pay tax ah? Kena bayar tak x? LHDN memerhati bro

This is probably the most common question after "can I buy ah?"

This video should be able to update you on the latest crypto and mining tax
arrangement in Malaysia so far :)

Hope this helps!

Sources:

(1) Badges of Trade:
https://www.theedgemarkets.com/articl...
(2) LHDN Guidelines on Taxation of Electronic Commerce Transactions:
http://phl.hasil.gov.my/pdf/pdfam/gui...
(3) Latest News:
a) https://themalaysianreserve.com/2021/...
b) https://ringgitplus.com/en/blog/incom...
c) https://themalaysianreserve.com/2021/...

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This is a video Why Is There Tax On Crypto In Malaysia!? Surely Not!? and
How to File Income Tax in Malaysia 2021 | LHDN also
Income tax malaysia | Basic Guide for Beginners
maybe even Guide to E-Filing Income Tax Malaysia LHDN
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DISCLAIMER: Hey guys, it's true that I have worked in 3 different banks as a financial analyst but I am not a financial advisor, just like you guys,
I'm learning as much as I can, please do not take any of this content as guidance for buying or selling any type of investment or security. Anything said on this YouTube channel should not be seen as financial advice, this is merely me sharing my own personal opinion. Your own results in the stock market or with any type of investment may not be typical and may vary from person to person. Please keep in mind that there are a lot of risks associated with investing in the stock/crypto market so don't forget to do your own research and due diligence before making any investment decisions.