Tag: Inland Revenue Board
Finance Minister Lim Guan Eng says the voluntary disclosure programme is not likely to be extended, and Inland Revenue Board chief says 'big data' will be used to go after tax evaders.
Najib Razak has been told by the Inland Revenue Board to settle the tax arrears before challenging it in court.
It says tax exemption has not been given to Yayasan Amal Maaruf Malaysia.
The party's president, Wee Ka Siong says the tax payable in 2018 is from the previous year's income when Barisan Nasional was in power.
The finance minister attributes this to effective tax-related strategies by Putrajaya.
The Inland Revenue Board warns taxpayers that it is keeping tabs on display of unexplained wealth on social media.
Its head, Sabin Samitah, says the board is monitoring news reports closely to achieve its RM4.3 billion target for revenue collection from the state for 2018.
The post will be assumed by the new Treasury secretary- general in accordance with the Malaysia Act 1995.
Finance minister wants the Inland Revenue Board to investigate Jho Low and his family in relation to any returns or anything received in the 1MDB scandal.
Aeon Credit files report with Bursa Malaysia on notices from IRB, saying it will challenge the demand for unpaid tax and penalties for the past 7 years.
Inland Revenue Board chief denies raiding businesses of opposition supporters to put the squeeze on opposition funding, and explains that its assessments can be challenged in court.
BN strategic communications deputy director Eric See-To says debate is an attempt by the PKR vice-president to divert attention from his party's squabbles.
The programme is intended to allow the agencies to more effectively address issues of tax compliance.
Inland Revenue Board to conduct visits, audits and investigations on 7,829 tax payers from Aug 14 to 25.
Penang PKR chief says issues she had brought up on an illegal factory that led to the arrest of DAP man Phee Boon Poh were in her capacity as Penanti state assembly representative..
Second Finance Minister Johari Abdul Ghani also challenges those who accuse the Inland Revenue Board of selective investigation, to prove their allegations.
Former prime minister says the anti-graft agency should also raid the office of Defence Minister Hishammuddin Hussein.
Apology is issued after IRB sends letter to demand arrears from a taxpayer who is listed as deceased, but who is still alive.
RM127.7 billion target set by government achievable says Treasury secretary-general Mohd Irwan Siregar Abdullah.
He says businessman Lee’s willingness to pay the company’s tax had been rejected, and that the ‘harassment’ is to prevent opposition parties from getting funding for the general election.
The duo, who had failed to turn up in court, face the possibility of a jail term of up to six months or a maximum fine of RM20,000 if convicted.
Lee Kim Yew says he has settled RM20 million in taxes since he took over as Country Heights Holdings executive chairman.
At least 13 millionaires have recently been ordered to settle tax arrears, and large corporations are feeling the heat, as the Inland Revenue Board flexes its muscles.
Health minister says LHDN and the Malaysian Medical Association must find the best solution to accusations of tax evasion.
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