sebagai warga negara Malaysia sudah sepatutnya kita bersukarela membayar cukai pendapatan kita. ini untuk kemajuan negara dan pertumbuhan ekonomi dalam negara
Sebagai seorang Muslim sepatutnya sudah tahu... Yg tak tahu kena ambil tahu sbb nanti semua akan dhitung... Cukai n Zakat ada persamaan. Pelbagai agama kita gunakan nama cukai/tax. Dlm islam ada zakat pendapatan, zakat harta/emas, zakat simpanan, zakat ternakan. Kena bayar jika cukup haul/tempoh tak kira luar atau dlm negara. Jika emas 85gram (bkn setiap negeri sama ya) kena bayar. Binatang ternakan lembu, kambing, ayam ,rusa, kibas pun kena bayar zakat. Kereta/motor mewah saja belum dgr lagi kena bayar zakat. Cukai adalah.... Kalau ikut sytem betul2 tiada orang miskin dlm Malaysia. Adakah pejabat zakat Malaysia buat kerja yg benar??? Tiada jawapan sbb saya tak kerja dsana... Cukai non Muslim pun patut ada,sbbnya penjawat awam askar, polis laut darat udara adalah mijority muslim utk keselamatan dan kesejahteraan. Utk beli peralatan n latihan sebagainya. Kpd non Muslim ada hak mereka perlu djaga juga...
Sepatutnya Rakyat Sabah Sarawak harus dikecualikan dari bayar cukai pendapatan ni. Sebab sejak penubuhan Malaysia. Persekutuan x pernah kembalikan hasil Cukai sebanyak 40℅ setahun kepada Kerajaan Negeri Sabah dan Sarawak.
Hi. does it make any difference if the broker we use is local or international? when trading US stocks. because you mentioned about taxable once money is brought back to Malaysia. thank you
There is a concept called badges of trade used by the taxman. Basically if you make your income while being a resident of Malaysia, you will get taxed. Badges of trade will determine if your money is considered income or capital gains. So for example if you trade in out every day. Regardless of where your money comes from, or what broker you use, it is considered income derived from Malaysia under the badges of trade. So you will be taxed. If you buy and hold for 3 years before selling, then it will fall under capital gains. So no tax. Often times if you get an unfavourable interpretation by IRB, you can challenge the decisions. Many companies believe they are wrongly slapped with taxes and often do challenge IRB's intepretation. But by this point, you have to engage a tax professional to sort it out for you.
You are not working in Malaysia... SO you won't get taxed here 😂. Regarding the money your family receives, it is also not money earned from a Malaysian source. It is considered a gift. So no tax either.
Ini bergantung. Kalau awak juga turut beli banyak. Mungkin kena. Kalau awak beli 3 tahun yang lepas, tapi baru-baru ini baru jual tiap-tiap bulan sedikit-sedikit, itu besar kemungkinannya tak tax.
Awak kena fail. Sama ada potong cukai ke tidak bergantung kepada lhdn. Itulah yang dikatakan mengikut undang2. Tapi of coz ramai yang tak nak fail sbb mesti lhdn akan cukai 😂
Ada rekod semua ni. Kalau pihak lhdn nak korek memang dia boleh cari. Dan kalau dia nampak pattern, memang dia akan jemput awak minum kopi 😂. Tak berbaloi main game ni.
@@sembangfinance klu withdraw Rm500k Dari capital gains crypto selepas 4 tahun ke local bank takde apa2 tindakan Dari bank atau lhdn? tak mungkin...Cuba bagi jawapan.
Semua pendapatan kena declare. Untuk saham malaysia tak kena tax. Untuk dividend FSI, komplex sikit. Secara lazimnya tak perlu tax sekiranya dah "tax at the source". Tengok topik untuk keterangan lanjut: "Foreign source dividend income received in Malaysia by tax residents which is exempted from 1 January 2022 to 31 December 2026" www2.deloitte.com/content/dam/Deloitte/my/Documents/tax/my-tax-espresso-special-alert-guidelines-issued-on-tax-treatment-of-foreign-source-income-received-in-malaysia.pdf
@afififaiq4856 macam dalam video tu kata, irb akan tengok badges of trade. Kalau awak trading dari Malaysia, ia akan dikira sebagai pendapatan awak. Hanya yang berunsur capital gains tidak kena. contoh awak masuk Bitcoin sekali setahun, lepas 3 tahun ambil keluar. Yang tu tak tax
Tuan, kalau kerja di jepun trus hantar duit ke fam, tpi msuk ke acc bank sya, income tu kena cukai atau tidak.. klau nak byr loan kereta under nama sya? Lhdn akan kacau x?
Ia bergantung kepada kes. Hanya LHDN akan tahu apa dikira sebagai "banyak". Itulah sebabnya kalau awak ada keuntungan yang agak tinggi, terutamanya jika keuntungan tersebut melibatkan sebuah bisnes, awak harus berunding dengan pakar cukai.
Ini saya tak pasti. Kena tanya LHDN. Sebab hanya mereka ada kuasa nak cakap terima atau tidak. Tapi broker anda biasanya boleh beri untuk tujuan tax. Lhdn nak terima atau tak, lain cerita.
Dah silap ni bro! Patutnya bukak akaun syarikat, sama ada sole prop (enterprise) ataupun sdn bhd. Trade under a business! Kalau trade secara personal banyakla ribu riban kena bayar! 😭
Kalau awak tinggal di Malaysia, dengan active trading, ya. Itu dikira pendapatan. Kalau awak beli sekali, cash out 3+ tahun kemudian itu dikira capital gains.
Ini bergantung: 1)Kalau awak kerja sana atau tinggal sana, dan bayar tax sana (sungguhpun 0%), then bila bawak balik duit tu ke Malaysia tak kena cukui. 2)Kalau awak pemastautin Malaysia, cuma awak trading/investment dekat dubai. Pastu nak bawak balik duit, biasanya akan dikenakan cukai juga. Biasanya dua2 negara ni akan ada tax agreement. Tetapi untuk butir-butir terperinci, awak kena cari tax consultant. Memang tak boleh elak 😂
@@sembangfinance ade tengok center of life policy dubai, kita ni lebih dekat negara mana dari segi hari duduk dan bayar cukai untuk dapat zero tax, betul la mati dan cukai memang tak boleh elak 😆 tq
hi, if I have a full-time job, and a part-time job on an online US working platform, receiving income in US dollars, my income gets automatically deducted sst on the platform, should I categorize this income as Aggregate of other statutory income from sources outside Malaysia received in Malaysia or Tax exempt income from sources outside Malaysia received in Malaysia in my income tax? or I just add it in my other income? thanks.
So the issue with US is this: The witholding tax applies no matter what, and there's nothing you can do about it. Malaysia doesn't have a comprehensive tax agreement with US. So that means you can't tax exempt it. That means, yes you will get taxed twice. Once from US withholding tax, and a 2nd time from Malaysia as statutory income from sources outside Malaysia received in Malaysia. If I'm not wrong, there's a billateral conversion form that you can fill up to try and "claim" from IRB. But I myself have never done it. And from what I heard, it's quite troublesome. My income from youtube is the same. It will get taxed twice. So unfortunately that's the situation when it comes to US. Which is why, if possible try to establish your company in Ireland where the withholding tax is only 15%.
Boss, Apa yang menentutkan pelaburan itu berbentuk jangka panjang atau tidak. Berapa masa yang dijadikan sebagai skop, Maksud saya jangka panjang ni.. 1 tahun ka..5 bulan ka atau berapa ya.. Dan sekiranya dikenakan cukai kepada jenis2 yang dikenakan..berapa rationya ya
Question about the new tax laws.. does that mean that capital gains from stock selling for long term buy and hold investor… would that be taxed as foreign source income or taxed as capital gains? Or none at all? Thank you
If you buy and hold for long term, then sell, It's foreign sourced capital gains. So no tax. But if you trade in out frequently, that is taxed. How long exactly is long... You need to ask LHDN.
TIADA MASALAH BILA KEUNTUNGAN BERLIPAT KALI GANDA HASILCUKAI KRIPTO BOLEH JADI CRYPTO CURRENCY SUCCESSFUL 2025 KEARAH MALAYSIA E WALLET DIGITAL CURRENCY TAX...SIAPA SOKONG BANTU MALAYSIA LUNASKAN HUTANG NEGARA...
Ada 2 jenis tax di sini. Untuk pendapatan, memang kena bayar tax. Itu sangat jelas. Cukai yang kedua berkenaan dengan indirect tax (export tax). Yang ini, saya tak pakar, so awak mesti tanya pakar cukai. Ada sesetengah yang perlu bayar, ada yang tak perlu. Sorry yang ini tak dapat tolong awak.😅
@@vincentdreemurr phl.hasil.gov.my/pdf/pdfam/GUIDELINES_ON_TAX_TREATMENT_OF_DIGITAL_CURRENCY_TRANSACTIONS.pdf Taxable Activity ------------------------ Section 3.2.1.2 Mining of digital currencies (Page 4) "Any person carrying out a business of mining or carrying out mining activities with a profit-seeking motive is subjected to tax according to the existing income tax provisions." ---------------- Income Classification ----------------- Section 3.2.1.2 Mining of digital currencies (Page 4) "The taxability of a miner’s profit from the disposal of payment tokens would depend on whether or not the gain is capital or revenue in nature and is based on badges of trade." --------- Badges of Trade Criteria --------- Appendix A - Determining the existence of trade (Pages 13-14) The nature of the gains from mining (capital vs. revenue) is assessed based on the "badges of trade" criteria, including: Nature of Subject Matter Length of Ownership Frequency of Transactions Supplementary Work Circumstances of Realization Motive Mode of Financing Other Factors For cloud crypto mining operations that are continuous, systematic, and profit-oriented, the gains are typically classified as revenue gains, making them taxable. ---------- Conclusion: Based on badges of trade, you are likely to be taxed as your mining operation is classified as income and not capital gains. If you disagree with this analysis, you're free to challenge IRB (many people do it all the time). But plz consult a tax professional first.
Kalau awak memerlukan bantuan percukaian, silalah email saya. Saya ada kenalan yang saya boleh rekomen. Email ada dalam ruang deskripsi.
Terbaik. Penerangan sgt jelas and mudah difahami.
Thank you buat video macam ni senang faham 🙏🏻
sebagai warga negara Malaysia sudah sepatutnya kita bersukarela membayar cukai pendapatan kita. ini untuk kemajuan negara dan pertumbuhan ekonomi dalam negara
Sebagai seorang Muslim sepatutnya sudah tahu... Yg tak tahu kena ambil tahu sbb nanti semua akan dhitung... Cukai n Zakat ada persamaan. Pelbagai agama kita gunakan nama cukai/tax. Dlm islam ada zakat pendapatan, zakat harta/emas, zakat simpanan, zakat ternakan. Kena bayar jika cukup haul/tempoh tak kira luar atau dlm negara. Jika emas 85gram (bkn setiap negeri sama ya) kena bayar. Binatang ternakan lembu, kambing, ayam ,rusa, kibas pun kena bayar zakat. Kereta/motor mewah saja belum dgr lagi kena bayar zakat. Cukai adalah.... Kalau ikut sytem betul2 tiada orang miskin dlm Malaysia. Adakah pejabat zakat Malaysia buat kerja yg benar??? Tiada jawapan sbb saya tak kerja dsana... Cukai non Muslim pun patut ada,sbbnya penjawat awam askar, polis laut darat udara adalah mijority muslim utk keselamatan dan kesejahteraan. Utk beli peralatan n latihan sebagainya. Kpd non Muslim ada hak mereka perlu djaga juga...
thank you sir
TUJUANNYA BAIK BILA CUKAI DAPAT DI KUTIP HASIL KUTIPANNYA BOLEH HAMPIR RM2 TRILLION DOLLAR DALAM MASA 2TAHUN DAN NEGARA MALAYSIA BOLEH SETARAF DUBAI
Sepatutnya Rakyat Sabah Sarawak harus dikecualikan dari bayar cukai pendapatan ni. Sebab sejak penubuhan Malaysia. Persekutuan x pernah kembalikan hasil Cukai sebanyak 40℅ setahun kepada Kerajaan Negeri Sabah dan Sarawak.
Harap perbanyakkan video ✌️
Assalamualaikum wbt salam sejahtera semua 🥰✌️
Hi. does it make any difference if the broker we use is local or international? when trading US stocks. because you mentioned about taxable once money is brought back to Malaysia. thank you
There is a concept called badges of trade used by the taxman. Basically if you make your income while being a resident of Malaysia, you will get taxed.
Badges of trade will determine if your money is considered income or capital gains.
So for example if you trade in out every day. Regardless of where your money comes from, or what broker you use, it is considered income derived from Malaysia under the badges of trade. So you will be taxed.
If you buy and hold for 3 years before selling, then it will fall under capital gains. So no tax.
Often times if you get an unfavourable interpretation by IRB, you can challenge the decisions. Many companies believe they are wrongly slapped with taxes and often do challenge IRB's intepretation. But by this point, you have to engage a tax professional to sort it out for you.
thank you i appreciate very much the reply. your channel is great!
Macam mana nak delay LHDN takut juga
pishang kena cukai klau trade bursa. padahal market malaysia ni kecik ja pun lol. nk letak 100k pun terkial2 sebabkan volume xde
Hi.. What if i work in oversea.. And constantly transfer money to my family.. Does that sum of money get taxed?
You are not working in Malaysia... SO you won't get taxed here 😂. Regarding the money your family receives, it is also not money earned from a Malaysian source. It is considered a gift. So no tax either.
Ohh.. Ure the savior.. Thanks alot for replying.. Cause i ald gt taxed a whooping 18% in taiwan😂
@@sembangfinance Do we still need to delcare income tax as 0 income to LHDN each year ??
Kalau saya jual saja crypto setiap bulan boleh dikatakan cukai ?
Ini bergantung. Kalau awak juga turut beli banyak. Mungkin kena. Kalau awak beli 3 tahun yang lepas, tapi baru-baru ini baru jual tiap-tiap bulan sedikit-sedikit, itu besar kemungkinannya tak tax.
labur berapa lama sekurang kurangnya dianggap capital gain?
Malangnya hanya LHDN tahu. Biasanya dia adalah berdasarkan kes-kes semasa. Awak kenalah tanya LHDN untuk tahu jawapan yang tepat...
kalau kerja di Singapura kena bayar cukai x di dlm malaysia?
Tak payah. Ada double tax avoidance agreement. Kalau awak bayar tax kepada Sg, awak declare kepada pihak di sana.
Bang cukai ni dia potong sendiri ke?atau saya kena kena fail dulu baru kene cukai?
Awak kena fail. Sama ada potong cukai ke tidak bergantung kepada lhdn. Itulah yang dikatakan mengikut undang2. Tapi of coz ramai yang tak nak fail sbb mesti lhdn akan cukai 😂
Contohnya, saya membeli crypto coin setiap bulan selama setahun dan hodl selama 3 tahun dan jual wd dikenakan cukai tak?
Yang ini tidak.
Kalau bawa masuk duit sikit² ke dalam malaysia macam mana? Kena jugak ka lhdn?
Ada rekod semua ni. Kalau pihak lhdn nak korek memang dia boleh cari. Dan kalau dia nampak pattern, memang dia akan jemput awak minum kopi 😂.
Tak berbaloi main game ni.
Kalau gaji youtube kena cukai ke?
Kena 😂
bos kalau capital gain tu hold dlm usdt .. then cairkan ke MYR , dikenakan kan cukai ker? tq
KALAU awak boleh buktikan bahawa itu adalah capital gains dari pelaburan jangka panjang, then no tax.
@@sembangfinance klu withdraw Rm500k Dari capital gains crypto selepas 4 tahun ke local bank takde apa2 tindakan Dari bank atau lhdn? tak mungkin...Cuba bagi jawapan.
Boss kalau kita sebagai trade forex untuk membayar income tax pada hujung tahun dokumen apa yg saya perlu ada
Dividend drpd saham perlu declare tax ke ?
Semua pendapatan kena declare.
Untuk saham malaysia tak kena tax.
Untuk dividend FSI, komplex sikit.
Secara lazimnya tak perlu tax sekiranya dah "tax at the source".
Tengok topik untuk keterangan lanjut: "Foreign source dividend income received in Malaysia by tax residents which is
exempted from 1 January 2022 to 31 December 2026"
www2.deloitte.com/content/dam/Deloitte/my/Documents/tax/my-tax-espresso-special-alert-guidelines-issued-on-tax-treatment-of-foreign-source-income-received-in-malaysia.pdf
Kalau buat mining crypto kena cukai tak?
Kena
Invest dekat crypto luno kalau kita nak wd kena bayar tax juga ke ?
Invest maksudnya beli sekali lepas 3 tahun jual tak payah.
Trading, tiap-tiap hari in out, kena cukai.
prop firm trading hasil profit sharing kena tax tak? 4 kali setahun payout
Kalau awak trading dari Malaysia, ya kena
@ mcm mana pula fsi sampai 2026 dikecualikan cukai ?
@afififaiq4856 macam dalam video tu kata, irb akan tengok badges of trade. Kalau awak trading dari Malaysia, ia akan dikira sebagai pendapatan awak. Hanya yang berunsur capital gains tidak kena. contoh awak masuk Bitcoin sekali setahun, lepas 3 tahun ambil keluar. Yang tu tak tax
Kalau setiap bulan saya masuk duit untuk jual beli saham US, lepastu lepas 5 tahun baru saya keluarkan, itu dipanggil capital gain kan
ya.
legal ke trade forex kat malaysia
mengikut bank negara. tak legal
Tuan, kalau kerja di jepun trus hantar duit ke fam, tpi msuk ke acc bank sya, income tu kena cukai atau tidak.. klau nak byr loan kereta under nama sya? Lhdn akan kacau x?
Kalau awak dah bayar cukai di Jepun ok je. Apa2 boleh tunjuk bukti. Tapi kalau awak tak bayar cukai di Jepun, nanti LHDN akan kacau.
@@sembangfinance oh cmtu
transaksi sebanyak mana baru dikenakan cukai?
Ia bergantung kepada kes. Hanya LHDN akan tahu apa dikira sebagai "banyak". Itulah sebabnya kalau awak ada keuntungan yang agak tinggi, terutamanya jika keuntungan tersebut melibatkan sebuah bisnes, awak harus berunding dengan pakar cukai.
Statement trade bulanan boleh ke untuk di jadikan dokumen untuk kita declare income tax
Ini saya tak pasti. Kena tanya LHDN. Sebab hanya mereka ada kuasa nak cakap terima atau tidak. Tapi broker anda biasanya boleh beri untuk tujuan tax. Lhdn nak terima atau tak, lain cerita.
Dah silap ni bro! Patutnya bukak akaun syarikat, sama ada sole prop (enterprise) ataupun sdn bhd. Trade under a business! Kalau trade secara personal banyakla ribu riban kena bayar! 😭
@@chibiitachi7828kenapa trade secara personal kena byar mahal pulak berbanding kalau under akaun bisnes SSM? mohon pencerahan
@boboiboy9350 kena pegi website lhdn tgk die punya tax structure. Then compare individual dgn enterprise/sdn bhd!
Kalau tiap tiap bulan, saya ada dapat pendapatan dari broker. Tinggi ka itu tax kena bayar?
Kalau awak tinggal di Malaysia, dengan active trading, ya. Itu dikira pendapatan.
Kalau awak beli sekali, cash out 3+ tahun kemudian itu dikira capital gains.
@@sembangfinance Terima kasih tuan 🙏🏻
Adakah cukai tu kena byr dulu sblm pengeluaran dapat dibuat?
Ambil duit bila2 masa pun boleh. Bayar dulu atau bayar nanti tak ada hal. Tapi kalau tak bayar tax kalau LHDN dapat tahu... susah awak nanti 🤣🤣🤣
kalau rugi cyrptocurrency tapi ada withdraw kena cukai x?
kalau rugi tak payah bayar cukai. tapi kena ada bukti.
Tuan kalau kerja di singapore bawak duit balik Johor kena cukai tak?
Kalau dah bayar cukai di Sg, tak payah. Kalau tak bayar kepada Sg, then kena.
@@sembangfinance kalau dah bayar tax kat singapore, perlu x nak declare income singapore tu kat lhdn?
@@ipoiarif1515 tak perlu.
macam ni bang.. dubai kan zero tax, kalau duit tu masuk malaysia dari bank sana masih kena cukai ke?
Ini bergantung:
1)Kalau awak kerja sana atau tinggal sana, dan bayar tax sana (sungguhpun 0%), then bila bawak balik duit tu ke Malaysia tak kena cukui.
2)Kalau awak pemastautin Malaysia, cuma awak trading/investment dekat dubai. Pastu nak bawak balik duit, biasanya akan dikenakan cukai juga. Biasanya dua2 negara ni akan ada tax agreement. Tetapi untuk butir-butir terperinci, awak kena cari tax consultant. Memang tak boleh elak 😂
@@sembangfinance ade tengok center of life policy dubai, kita ni lebih dekat negara mana dari segi hari duduk dan bayar cukai untuk dapat zero tax, betul la mati dan cukai memang tak boleh elak 😆 tq
@@syazone6782so bagaimana, tinggal Dubai boleh 0% cukai?
hi, if I have a full-time job, and a part-time job on an online US working platform, receiving income in US dollars, my income gets automatically deducted sst on the platform, should I categorize this income as Aggregate of other statutory income from sources outside Malaysia received in Malaysia or Tax exempt income from sources outside Malaysia received in Malaysia in my income tax? or I just add it in my other income? thanks.
So the issue with US is this: The witholding tax applies no matter what, and there's nothing you can do about it. Malaysia doesn't have a comprehensive tax agreement with US. So that means you can't tax exempt it.
That means, yes you will get taxed twice. Once from US withholding tax, and a 2nd time from Malaysia as statutory income from sources outside Malaysia received in Malaysia. If I'm not wrong, there's a billateral conversion form that you can fill up to try and "claim" from IRB. But I myself have never done it. And from what I heard, it's quite troublesome. My income from youtube is the same. It will get taxed twice.
So unfortunately that's the situation when it comes to US. Which is why, if possible try to establish your company in Ireland where the withholding tax is only 15%.
Kalau yang mining crypto coin tu jual tukar $$ kena juga tax kan @@ pening
Yes kena tax 😅
Boss, Apa yang menentutkan pelaburan itu berbentuk jangka panjang atau tidak. Berapa masa yang dijadikan sebagai skop, Maksud saya jangka panjang ni.. 1 tahun ka..5 bulan ka atau berapa ya..
Dan sekiranya dikenakan cukai kepada jenis2 yang dikenakan..berapa rationya ya
Hi tuan, malangnya yang ini hanya LHDN yang tahu jawapannya. Silalah tanya LHDN. Setiap kesnya berbeza.
Question about the new tax laws.. does that mean that capital gains from stock selling for long term buy and hold investor… would that be taxed as foreign source income or taxed as capital gains? Or none at all? Thank you
If you buy and hold for long term, then sell, It's foreign sourced capital gains. So no tax.
But if you trade in out frequently, that is taxed.
How long exactly is long... You need to ask LHDN.
TIADA MASALAH BILA KEUNTUNGAN BERLIPAT KALI GANDA HASILCUKAI KRIPTO BOLEH JADI CRYPTO CURRENCY SUCCESSFUL 2025 KEARAH MALAYSIA E WALLET DIGITAL CURRENCY TAX...SIAPA SOKONG BANTU MALAYSIA LUNASKAN HUTANG NEGARA...
Kalau saya export produk saya ke luar negara, masih perlu bayar cukai export tak? Atau hanya cukai pendapatan shj?
Ada 2 jenis tax di sini. Untuk pendapatan, memang kena bayar tax. Itu sangat jelas.
Cukai yang kedua berkenaan dengan indirect tax (export tax). Yang ini, saya tak pakar, so awak mesti tanya pakar cukai. Ada sesetengah yang perlu bayar, ada yang tak perlu. Sorry yang ini tak dapat tolong awak.😅
@@sembangfinance okay baik. Terima kasih atas penjelasan tuan
kalau gali bitcoin, withdraw terus bank kena cukai tak
Kalau kegiatan mining bitcoin berlaku di Malaysia, ya, kena cukai.
@@sembangfinance kalau mining melalui cloud? negara apa tak pasti pula
@@vincentdreemurr phl.hasil.gov.my/pdf/pdfam/GUIDELINES_ON_TAX_TREATMENT_OF_DIGITAL_CURRENCY_TRANSACTIONS.pdf
Taxable Activity
------------------------
Section 3.2.1.2 Mining of digital currencies (Page 4)
"Any person carrying out a business of mining or carrying out mining activities with a profit-seeking motive is subjected to tax according to the existing income tax provisions."
----------------
Income Classification
-----------------
Section 3.2.1.2 Mining of digital currencies (Page 4)
"The taxability of a miner’s profit from the disposal of payment tokens would depend on whether or not the gain is capital or revenue in nature and is based on badges of trade."
---------
Badges of Trade Criteria
---------
Appendix A - Determining the existence of trade (Pages 13-14)
The nature of the gains from mining (capital vs. revenue) is assessed based on the "badges of trade" criteria, including:
Nature of Subject Matter
Length of Ownership
Frequency of Transactions
Supplementary Work
Circumstances of Realization
Motive
Mode of Financing
Other Factors
For cloud crypto mining operations that are continuous, systematic, and profit-oriented, the gains are typically classified as revenue gains, making them taxable.
----------
Conclusion: Based on badges of trade, you are likely to be taxed as your mining operation is classified as income and not capital gains.
If you disagree with this analysis, you're free to challenge IRB (many people do it all the time). But plz consult a tax professional first.