Important tax changes for MM2H'ers (APRIL FOOL!)

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Apr 1st 2016, 1:24 am

InVinoVeritas

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Important tax changes for MM2H'ers (APRIL FOOL!)

In a very poorly communicated 2016 Malaysia Budget Revision it has been decided that, effective from today, non-Malaysian residents will be taxed on their worldwide income.

More details here:- 2016 Budget Revision Breakdown | BAJET Malaysia

Hopefully this will turn out to be a foolish error

Apr 1st 2016, 1:50 am

JC3

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Posts: 1,762

re: Important tax changes for MM2H'ers (APRIL FOOL!)

Quote:

Originally Posted by InVinoVeritas

Jeepers! Income Tax…Super Tax…Electric Company…Water Works… It’s a ruddy monopoly. At least there’s free parking.

JC3

Apr 1st 2016, 2:56 am

Gunnar45

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re: Important tax changes for MM2H'ers (APRIL FOOL!)

Parking is certainly not free, in Penang its at least 40 sen per 30 minutes!!

Apr 1st 2016, 7:07 am

PoolieAbroad

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re: Important tax changes for MM2H'ers (APRIL FOOL!)

A FOOLish error for sure

Apr 1st 2016, 9:52 am

InVinoVeritas

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re: Important tax changes for MM2H'ers (APRIL FOOL!)

Happily it was an error, so back to tax-free bliss tomorrow. The Malaysian Budget Revision Minister (me) suggests you celebrate today's tax-saving down at your local bar.