Income tax

  • Question: Do I need to pay Income Tax in Malaysia if I am drawing a salary in my own country?

    Answer:

    No, I do not have to pay tax on any offshore income.

  • Question: What kind of taxes are the participants of MM2H normally subjected to?

    Answer:

    For MM2H participants, income tax is imposed on income earned from investments in local companies, local share market and from rental income received in Malaysia.

  • Question: Is the interest from fixed deposit account taxable?

    Answer:

    I do not need to pay tax on interests earned from banks in Malaysia.

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