Posts Tagged ‘Income Tax’

MLM distributor,the company charge me a tax,i give it also to costumers w/ tax.do I need to pay income tax?

Sunday, May 18th, 2008
MLM
driftwood asked:


I pay also tax for the products were I bought from the company 14% I guess,I gave it to costumers plus tax .0975%,which I devided to the costumers the tax that I paid.

Deana

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Posted in Get Paid Today | 4 Comments »

Is direct selling / MLM, Real estate investment and Stock market investment all subjected to income tax?

Tuesday, October 23rd, 2007
MLM
danielpsw asked:


Best answer 10 points!

All active or earned income from employment and business are subjected to income tax.

Do passive income from real estate and stock and direct selling business / MLM subjected to income tax?

Note:
Forget about stock and real estate capital gain tax because there is none in Malaysia.

Wilson

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Posted in Get Paid Today | 5 Comments »