The Inland Revenue Board (IRB) has recently issued a guideline to provide clarity on the tax status of digital currencies and digital tokens. With Malaysian crypto ownership estimated to be 20 percent above the global average of 15 percent, this could be a sizable tax revenue if done correctly. Keegan Ong, Tax Executive Director from PwC joins us to dissect the contents of this guideline and what it could mean for digital asset ownership in Malaysia.
Image Credit: Shutterstock | mentalmind
See omnystudio.com/listener for privacy information.
