09Apr 2015 by Dragon
Income from Adsense or Blogging Taxable?

Income from Adsense or Blogging Taxable?

e-Commerce Blog
A lot of people are wondering whether their income from Adsense or blogging taxable. I personally wrote to IRC (Lembaga Hasil Dalam Negeri Malaysia), and they sent me a pamphlet. Below Chart is derived from the pamphlet, that shows the scope of taxation. [caption id="attachment_39" align="alignnone" width="625"] Click to enlarge[/caption] > BUSINESS - Either manufacturing / trading / services > PRODUCTS - Either tangible / intangible > WEBSITE - Identity / queries / order / payment / online delivery > TANGIBLE PRODUCTS - Deliver by normal physical channel > Business activities include sourcing of contents / procurement of goods / promotion and advertisement / selling / arranging of delivery of product / maintaining website
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08Apr 2015 by Dragon
Tax for e-Commerce

Tax for e-Commerce

e-Commerce Blog
Introduction e-Commerce is any commercial transactions conducted electronically including the activity of providing information, promotion, marketing, supply, order of delievery of goods and services, even though payment and delivery relating to such transactions may be conducted offline Individual / company involves in e-Commerce activities will be taxed under Income Tax Act 1967 e-Commerce Medium Websites (.com, .my, .net, .blog, .facebook, twiter, forum, etc) Mobile Phone Responsibility of the website owner Every business owner must have an income tax file number Declare income / losses received from e-Commerce activities Complete and submit Form e-B via e-Filling if business is a partnership : Complete and submit Form e-P via e-Filling (responsibility of managing partner) Submit Form e-P without partnership's account Inform in wrting to HHDNM if partnership cease operation or changes to…
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