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Transfering money from foreign country into Malaysia. Is it taxable?

406 Views  ⚫  Asked 2 Years Ago
asked on Nov 30, 2015 at 20:44
by   megen
edited on Aug 22, 2016 at 09:10
 
My late father has a piece of land overseas. I plan to sell it off. Before I do that, I need your advice and some tips. After I sell that land, can I transfer that money into a Malaysian account. If I bank in that money here, what kind of problem might I have face e.g. Bank Negara or income tax officers. Please advice me.

Thanks & regards.
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answered on Aug 10, 2016 at 21:52
by   Matrix
Illegal TIP... Find a kambing hitam to launder this monies.
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