Tax implications for remote work income paid via offshore payroll platform
I am currently working two remote jobs with a combined monthly income of approximately RM11k after convert.
Job A is with a local Singaporean company based in Malaysia, which handles my EPF and SOCSO contributions. Job B is with a US-based company that does not offer local benefits, but they did request my Tax Identification Number (TIN).
My income from Job B is paid through an international payroll platform via a Visa card; the funds do not enter the Malaysian banking system directly, and when I use the card, the transaction merchant name appears as "[COMPANY] PTE. LTD." rather than my own name.
- How does LHDN track income paid through offshore payroll platforms, and are they likely to detect this?
- If I want to ensure I am fully compliant, what is the best way to report this income and pay the necessary taxes?
- What is the "proper" process for transferring these earnings into my local Malaysian bank account without getting detected?
Any advice on navigating this situation legally would be greatly appreciated.
(edit: job B they pay in $USD).
u/ProbablyNotHappy — 10 days ago