Joe asked 9 years ago
Was reading your money laundering article, very informative!
I have a question with regards to income from Bitcoin trading.
I’ve been trading Bitcoin lately and the monthly transaction with average transaction of 10k debit 10k credit per day under my personal current account. Monthly ~ 300k of transaction recorded.
My questions is will the transaction raise authority eyebrows?
What would be your advice on income tax if monthly profit are ~10-15k? Should I setup a Sdn Bhd to move the trading to company?
Thanks for your time!
Joe
KCLau