Tax Treatment of Foreign Exchange Gains and Losses

The tax treatment of foreign exchange gains and losses can be summarized in the following diagram.

1Note

Realised means settlement of payment when the equivalent amount in RM is determined. Where an amount is settled in foreign currency via a foreign currency account, no physical conversion of the currency is necesssary before the amount is treated as realised.

The PR can be downloaded from the LHDN website:

http://lampiran1.hasil.gov.my/pdf/pdfam/PR_12_2019.pdf

Name	NRIC / Passport	% of shareholding	Phone Number	Email Address	Attachment
if the shareholder is also a director
if the shareholder is also a director
if the shareholder is also a director
if the shareholder is also a director
if the shareholder is also a director

Name	NRIC / Passport	Occupation	Phone Number	Email Address	Attachment

OUR HOTLINE016 208 4948

Tax Treatment of Foreign Exchange Gains and Losses

Tax Treatment of Foreign Exchange Gains and Losses

OUR HOTLINE
016 208 4948