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Crypto Taxes Malaysia - Protect Your Profits Ft. Ross (Ex Luno Employee) 

Denis Lee
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Check Ross Out:
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In this video, Ross (Ex Luno Employee) and I have gathered to discussed about the topic of crypto taxes in Malaysia.
Fortunately not all of our capital gains profits are taxable in Malaysia. However, crypto trading is taxable. So question is what kind of crypto profit transactions are considered as capital gains or trading?
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Huobi Referral Code for a 10% Cashback:
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Luno Referral Code:
www.luno.com/invite/ETPYAB
Timestamp:
0:00 - Taking Crypto Profits
0:54 - Ex Luno Employee
1:37 - Are Crypto Profits Taxable In Malaysia
2:09 - What Transactions Are Taxable
6:10 - The Difference Of Crypto Taxes
8:00 - How To Protect Your Profits
8:45 - How Do We File Crypto Taxes
9:42 - Conclusion
Just a broke dude that loves to make finance videos. Don't take any of my advice seriously. Always do your own research before listening to what I say. Most importantly, watch my videos or your Minecraft account will be deleted.
Disclaimer:
I am not a financial advisor, this video is made purely out of entertainment purposes and sharing purposes. Maybe there are some tips that you can takeaway from this video, but even for that, you have to do your research to validate them.
#cryptocurrencymalaysia #cryptotaxmalaysia

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25 июл 2024

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Комментарии : 14   
@DenisLee01
@DenisLee01 4 месяца назад
This video went through multiple rounds of troubleshoot before being able to appear on RU-vid 🥲 Really hope this video helped you 🙏🏻
@ShawnAref
@ShawnAref 4 месяца назад
So helpful denise
@DenisLee01
@DenisLee01 3 месяца назад
Glad it helped you Shawn!
@kevintan3662
@kevintan3662 29 дней назад
I saw tax sharing that oversea income is exempted for individual until end of 2026...if I using oversea exchange to generate the income, then should the income be taxed? i basically only use LUNO to convert into cash and vice versa...also, length of holding should be how long to consider capital gain? 1 year? no clear guideline for these requirement...
@chewzhengwei5722
@chewzhengwei5722 4 месяца назад
Great video as always! Quick question, so as long as I dont trade and my profit is solely from capital gain, Im free from taxes right in Malaysia?
@DenisLee01
@DenisLee01 4 месяца назад
Appreciate you! Yes, don’t trade, and you’re tax free (from what I know)
@taeyangchin7926
@taeyangchin7926 Месяц назад
if i trade but loss ?
@Proxyincognito
@Proxyincognito Месяц назад
So from the sound of it, if im just hodling i dont pay taxes?
@DenisLee01
@DenisLee01 Месяц назад
Correct!
@EricTanHold
@EricTanHold 3 месяца назад
what is the Kod perniagaan for crypto trader?
@DenisLee01
@DenisLee01 3 месяца назад
Im not super sure, but I assume it’s the registered SSM number
@EricTanHold
@EricTanHold 3 месяца назад
@@DenisLee01 no, I mean all business types got a code, not sure which code for crypto trading
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