It really exempted from tax for part time income?

Hi there! came across Your Blog and want to ask some information about Tax. I am an Freak online gamer in a MMORPG game which is World of Warcraft. [ i guess you sure know abt this game ]. I sell the Monthly Cards to ppl all round the world and i do sell in game items and coins as well. So my question is am i suppose to pay tax? My bank account have a few transactions every month from ppl round the world where they TT money to my bank account in Malaysia! As i am still new to this tax thing i need some advice on this! Hope to hear from you soon! thanks!

Regards,


Basically, this is idea online business we are looking ot. Does this kind of income need to paid tax? Recently received many comment said that income adsense or any form cyber income no need to paid tax. Yes if we didn’t declare it, at this movement Yes we no need to paid tax. But how to explain the banking transaction if the amounts is big (said 5k or 10 k each month and constantly). Doesn’t better declare under other income with business source, so that many expensive related to this can deduct as costs (telephone bill, power, entertainment, internet bills and so on) Tax avoidance compound is quit heavy in Malaysia. So better declare it.

If we argue that it is not income. Then what! Money loundry services we provide to third party?