Saturday, March 22, 2008

Google Adsense Income Is Exempted From Tax in Malaysia

According to LHDN Malaysia website, a Resident individual is assessable on income derived from sources in Malaysia and income received in Malaysia from outside Malaysia. W.e.f. Y/A 2004 income remitted into Malaysia from overseas by a resident individual, a trust body, a cooperative and a Hindu Joint Family be exempted from income tax.

Meaning that the income from Google Adsense is exempted from tax. Thus, bloggers in Malaysia is earning 100% from the payout amount.

3 comments:

iCalvyn.com said...

but if let said i really earn a big income from adsense, can I use the money to buy property? i scare later income tax come to kacau leh

Marco said...

Unless Adsense is your only source of income. If your day time job income can get you the loan, it shall not caused any problem.

alantanblog said...

What I heard so far, it's taxable!

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