top of page
  • CCS

No More Exemption on Foreign Sourced Income Remitted to Malaysia

Updated: Jul 20, 2022





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.


🌻🌻🌻🌻🌻🌻🌻🌻🌻🌻


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。









🌼🌼🌼🌼🌼🌼🌼🌼🌼🌼


#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