I'm a newbie entrepreneur living in Malaysia and i don't knw a whole lot about taxes because i'm not employed by a huge corporation. I make a living with my online revenue. Does double taxation agreement apply? where i don't have to be taxed again? if yes, do i still need to declare? What are the white and grey areas on this? I don't want to break the law yet i want to knw the current loopholes of earning an income that is already being taxed outright @30%

If your subject to US taxes, a lot of companies will take them upfront (withheld taxes). But if you're not a US citizen you shouldn't be subject to US taxes. If I remember correctly, they allow you to declare that exclusion when you open a seller's account.

Answered 8 years ago

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