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Is Malaysia a Territorial or Worldwide Tax System? Malaysia operates under a quasi-territorial tax system. This means that, in general, income is taxed in Malaysia only if it is derived from or accrued within the country. However, Malaysia is gradually shifting toward a worldwide tax system. TIMESTAMPS: 0:00 INTRO 0:40 Malaysia's Tax Shift 2:04 Malaysia’s Foreign Income Tax 4:18 Malaysia's Capital Gains Shift 6:05 OUTRO -------------------------------- OUR CHANNEL OFFERS: Updated daily, we help 6, 7, and 8-figure International Entrepreneurs, Expats, Digital Nomads, and Investors legally minimize their global tax burden and protect their wealth. Join Amazon's best-selling author, Derren Joseph, in exploring the offshore financial world. SUBSCRIBE TO OUR CHANNEL FOR MORE FREE INFORMATION: https://www.youtube.com/c/TaxesforInt... -------------------------------------------------- WATCH OTHER VIDEOS: • [ Offshore Tax ] Is Earned Income tax-free... • [ Offshore Tax ] What is the main tax adva... • [ Offshore Tax ] Taxation of Crypto in Can... -------------------------------------------------- Here are 4 ways we can help you: SIGN UP for free webinars on US Expat Taxes and International Entrepreneur Taxes: https://htj.tax/events/ STREAM premium educational videos: https://htj.tax/youtube/ CONTACT us for tax optimization consults over Zoom: https://www.htj.tax/contact/ High Net Worth? We can QUOTE for doing your "US-International" tax returns. FOR MORE DETAILS, CONNECT WITH US: ✉ Contact us at [email protected] -------------------------------------------------- FOLLOW US ON:. 🌍 Check our website: https://htj.tax/ 🎙️ Listen to our podcast: https://podcast.htj.tax/ 📸 Add us on Instagram: / htj.tax 🐦 Add us on Twitter: / derren43 📕 Add us on Facebook: / htj.tax 💼 Contact Derren on LinkedIn: / derren-joseph-ea-0345332 #MalaysiaTax #TerritorialTax #WorldwideTax #MalaysianRevenue #CrossBorderTaxation #TaxResidency #MalaysiaFinance #IncomeTaxMalaysia #TaxSystemShift #GlobalTaxation