Many people still do not know whether Internet income is taxable or not? There’re a lot of full-time blogger have been paying income tax. While some other bloggers may argue that the Internet income is not taxable in Malaysia.
By law, any and all income made by a Malaysian within Malaysia is taxable. And, every income is taxable, either local or foreign.
If you’re having a full time job then you will realize that there’s almost no way to run away from tax. In Malaysia, there’re only a certain tax deductibles you can claim in a year, these would include, books, computers, EPF, insurance and etc. However, all the tax deductibles will never be enough for you to not pay for the income tax.