• CCS

No More Exemption on Foreign Sourced Income Remitted to Malaysia

Updated: Jul 20





1. No more Exemption on Foreign Sourced Income remitted to Malaysia!


2. This is undoubtedly a contentious subject, as many taxpayers were taken aback by the move in Budget 2022 to tax foreign-sourced income received by Malaysian individuals and corporate residents.


3. Any taxes paid outside of Malaysia on the foreign income remitted can be offset (deducted) against the Malaysian tax on such foreign income.


4. Please note that the bilateral credit, on the other hand, cannot exceed the whole amount of Malaysian tax on foreign income.


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2021年财政法案亮点 – 源自外国汇入马来西亚的收入,不再获得豁免

1. 汇入马来西亚的源自外国的收入,将不再享有豁免的资格。


2. 这无疑是一个有争议的话题,因此 2022 年预算案中对马来西亚个人和企业居民收到来自外国的收入征税,许多纳税人无不对此大吃一惊。









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#InternationalTax

#国际税收系列


1. Issue No. 103/2021: Finance Bill 2021 Highlights – No more Exemption on Foreign Sourced Income remitted to Malaysia

[2021年财政法案亮点 – 源自外国汇入马来西亚的收入,不再获得豁免]


https://lnkd.in/eCS24pA3


2. What Is International Tax?

[什么是国际税收]


https://lnkd.in/eiuiC4f4


3. International Organizations involved In International Tax - OECD

[涉及国际税收的国际组织 - 经合组织]


https://lnkd.in/e_uDSM-S


4. International Organizations involved In International Tax - G 20

[涉及国际税收的国际组织 - G 20]


https://lnkd.in/ehZnNjwh


5. International Organizations involved In International Tax - G20/OECD Inclusive Framework, World Bank Group & IMF

[涉及国际税收的国际组织]


https://lnkd.in/eKdW5UdE


6. International Organizations involved In International Tax - The UN

[涉及国际税收的国际组织]


https://lnkd.in/ermXNTq2


7. Residence Jurisdiction vs. Source Jurisdiction

[来源地管辖权 vs. 居民管辖权]


https://lnkd.in/eCit6_dc


8. Jurisdiction to Tax – The logic behind "Source Jurisdiction / Territorial Concept."

[税收管辖区 - "来源地管辖权"背后的逻辑]


https://lnkd.in/eyp-SY_k


9. Jurisdiction to Tax – The logic behind "Residence Jurisdiction."

[税收管辖区 - "居民地管辖权"背后的逻辑]


https://lnkd.in/eyzTrxpN


10. The Principle of Territorial-Residence Jurisdiction

[属地兼属人管辖原则]


https://lnkd.in/ehXXBXmd


11. Special Income Remittance Programme to Malaysian Residents – No more Exemption on Foreign Sourced Income remitted to Malaysia

[马来西亚居民收入汇款特别计划 – 源自外国汇入马来西亚的收入,不再获得豁免]


https://lnkd.in/ez4bpY3W


12. Double Taxation vs. Double Non-Taxation

[双重征税 vs. 双重不征税]


https://lnkd.in/etfYgkXK


13. Legal International Double Taxation

[法律性国际双重征税]


https://lnkd.in/e8zX9kP2


14. Methods used by Resident Countries to Cope with Double Taxation

[居民国应对双重征税的方法]


https://lnkd.in/e77aSCnE


15. Economic International Double Taxation

[经济性国际双重征税]


https://lnkd.in/ewWDxjZ3


16. Income Tax Treatment of Pensions (Provident Fund)

[退休金或公积金@所得税处理]


https://lnkd.in/eJVNzteR


17. Defining Residence

[居民身份@界定]


https://lnkd.in/eHfK49iB


18. An Individual’s Tax Residence under s 7(1)(a) ITA 1967

[1967年所得税法令第7(1)(a)条 @ 居民身份]


https://lnkd.in/eJHAdE_D


19. An Individual’s Tax Residence under s 7(1)(b) ITA 1967

[1967年所得税法令第7(1)(b)条 @ 居民身份]


https://lnkd.in/eT5HcfWH


20. An Individual’s Tax Residence under s 7(1)(b) ITA 1967 -Temporary Absences

[1967年所得税法令第7(1)(b)条 @ 居民身份 - - 暂时性不在]


https://lnkd.in/erW_Jxwd


21. Tax Residence under s 7(1)(c) ITA 1967

[1967年所得税法令第7(1)(c)条 @ 居民身份]


https://lnkd.in/eMw82gE9


22. Tax Residence under s 7(1)(d) ITA 1967

[1967年所得税法令第7(1)(d)条 @ 居民身份]


https://lnkd.in/eeYZy7Nq


23. Tax Residence under s 7(1A)ITA 1967 - A ‘day.’

[1967年所得税法令第7(1A)条 @ 居民身份: 一天的定义]


https://lnkd.in/eS4JVgCr


24. Move to tax Foreign-Sourced Income in Malaysia is not a surprise

[马来西亚对源自国外的收入征税 的举措并不令人意外]


https://lnkd.in/e-kqYmuq


25. Special Income Remittance Programme to Malaysian Residents

[源自外国汇入马来西亚的收入 特别报税方案]


https://lnkd.in/eqhVhXda


26. Work on board, e.g. as a sailor, Subject to Tax?

[在船上工作,如水手 中 Tax 吗]


https://lnkd.in/ee6bgchw


27. Work onboard - Deeming Provisions of Employment Income

[船员 - 就业收入认定条款 ]


https://lnkd.in/eZv55cdV


28. What Exactly is Considered a Taxable Remittance: 1 - Introduction

[究竟什么才会被认为是”应税汇款”: 1 – 概述]


https://lnkd.in/eKVzZqeQ


29. What Exactly is Considered a Taxable Remittance: 2 - Definition & Examples of Remittances

[究竟什么才会被认为是”汇兑”: 2 – "汇兑”的定义及例子]


https://lnkd.in/ewmKMjC5


30. What Exactly is Considered a Taxable Remittance: 3 - How do I know What Income or Gains I Have Remitted?

[究竟什么才会被认为是”汇兑”: 3 – 我如何知道 我汇兑了哪些收入或收益?]


https://lnkd.in/esiM6_ZX 31. What Exactly is Considered a Taxable Remittance: 4 - Should I Remit or Not?

[究竟什么才会被认为是”汇兑”: 4 – 我是否应该汇兑?]


https://lnkd.in/exSEf5nq


32. Tax Residents to be exempted from tax on the foreign-sourced income until Dec 31, 2026

[税务居民源自国外的收入将被免征税至2026年12月31日]


https://lnkd.in/eAu5rcJK


33. Termination of Special Income Remittance Program

[最新消息 - 源自海外收入特别汇款计划]


https://lnkd.in/euW8CJzm


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