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returning expat - advice needed
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<blockquote data-quote="r1d3r" data-source="post: 570802" data-attributes="member: 25166"><p>goks, </p><p></p><p>you might want to thoroughly check it with MITI/customs about the tax structure and limitation. AFAIK, returning expats allowed to bring back 2 vehicles tax-free but if it is decided to sell it at any point, owner have to pay the tax.</p><p></p><p>unlike student AP where tax is paid before registration in malaysia, there is no tax due if decided to sell said vehicles (except no transfer of ownership allowed within 2 years).</p></blockquote><p></p>
[QUOTE="r1d3r, post: 570802, member: 25166"] goks, you might want to thoroughly check it with MITI/customs about the tax structure and limitation. AFAIK, returning expats allowed to bring back 2 vehicles tax-free but if it is decided to sell it at any point, owner have to pay the tax. unlike student AP where tax is paid before registration in malaysia, there is no tax due if decided to sell said vehicles (except no transfer of ownership allowed within 2 years). [/QUOTE]
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