Dreamchaser
Sun Jun 09 2024
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5 answers
826
Is crypto taxed in Malaysia?｜As Malaysia does not tax capital gain, . A person who trade digital currencies actively may be viewed as generating revenue from the activity, thus gains from this digital currencies trading is taxable.only revenue gains arising from the disposal of digital currency is taxable
Is it necessary to pay taxes on cryptocurrency transactions in Malaysia? Given that Malaysia doesn't levy taxes on capital gains, does that mean cryptocurrency trading falls outside the tax net? Or, could an individual actively engaging in digital currency trades be considered as generating taxable revenue? It seems that only the revenue gains resulting from the disposal of digital currency are taxable. Could you clarify the tax treatment of cryptocurrency transactions in Malaysia?
