This is a question I received a while ago from one of my readers, Ashley, she asks: I would like to sell handmade stuff on an online marketplace like Ebay.com and use Paypal to accept payments. If someone from the U.S. buys my product, do I need to pay any taxes (e.g. income, sales, etc.) to the Malaysian government? Would I be considered as a business? The ‘official’ stand of the Malaysian tax department is [ Read More... ]
Tax For Internet Businesses Continued
This is the follow up from my previous post regarding if bloggers need to pay taxes. Below is the email that I sent to the Inland Revenue Board (IRB) of Malaysia regarding tax for internet businesses, such as blogs and websites which generate money from foreign companies, such as Google Adsense or its equivalent. Hi,>>I am about to start an Internet business using blogs. I am trying to>make money from Google’s advertising services, Adsense. But [ Read More... ]
Do Bloggers Have To Pay For Tax?
Well I’ve also been wondering, would a full time blogger need to pay for tax in Malaysia if the money comes from outside Malaysia? If most of your income comes from Nuffnang or any other Malaysian blog aggregator, you will probably have to pay tax once you reach the RM2000 threshold. (But check with a professional tax consultant to confirm – I’m not one.) For money received from outside Malaysia (i.e. Google Adsense), a local [ Read More... ]
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