Your weekly dose of tax knowledge - become tax savvy in just 2 minutes!
Q: If I am working for an Australian company in Malaysia but the salary is paid to my bank account in Australia in AUD currency. Is my income taxable in Malaysia?
A: If you exercise the employment in Malaysia, then the income is derived from Malaysia and is taxable in Malaysia even though you do not receive the income in Malaysia.
Wishing you plentiful tax savings!
Zen Chow
YYC Tax Guru