tax

Reintroduction of voluntary disclosure tax programme will help replenish govt coffers — Tax Institute

THE re-introduction of a special voluntary disclosure programme from June 1, 2023 to Dec 31, 2024 to allow a 100…

3 weeks ago

Singapore hiking tax on pricey property after wealth influx

Singapore will raise taxes for buyers of higher-value properties and luxury cars, as it tackles a growing wealth gap brought…

1 month ago

IRB gets summary judgment in RM1.8b tax suit against Jho Low’s father

The Penang High Court  has granted the Inland Revenue Board's (IRB) application for a summary judgment to recover RM1.8 billion in…

2 months ago

Open tender policy can increase national income level – Ahmad Maslan

THE implementation of an open tender policy would lead to cost reduction for the government while boosting national income, said Deputy Finance Minister Datuk…

2 months ago

March 13 set for Najib, son’s income tax appeal hearing in Federal Court

PUTRAJAYA – Datuk Seri Najib Tun Razak and his son Datuk Mohd Nazifuddin’s appeals against the summary judgments entered against…

2 months ago

Tax payers can use Tax Identification Number or Bill Number for tax payment purposes

PUTRAJAYA – Taxpayers can choose whether to use the Tax Identification Number (TIN) or Bill Number as a reference for…

2 months ago

Use of bill number as mandatory reference for payment of taxes from tomorrow – IRB

The 'Bill Number' will be used as a mandatory reference for the payment of all types of direct taxes, except…

3 months ago

Tommy Thomas insisted MACC to prosecute Shahrir although IP was incomplete, court told

KUALA LUMPUR – The High Court here was told today that former Attorney General Tan Sri Tommy Thomas (picture) insisted that…

3 months ago

Najib replaced Shahrir’s RM1m pension money used for political activities – witness

The High Court today was told that the RM1 million which Tan Sri Shahrir Ab Samad (picture) received from Datuk Seri…

3 months ago

Another case management in Najib, Nazifuddin’s tax arrears appeals fixed for Jan 17 next year

PUTRAJAYA – Datuk Seri Najib Razak (picture) and his son Datuk Mohd Nazifuddin’s appeals against the summary judgments entered against them over…

4 months ago

No instructions for audit review on RM1m received by Shahrir, says IRB officer

An officer of the Inland Revenue Board (IRB) told the High Court today that the IRB did not conduct an…

5 months ago

IRB gets summary judgment in RM1.05b tax suit against Jho Low

KUALA LUMPUR – The Penang High Court has granted the Inland Revenue Board’s (IRB) application for a summary judgment to…

5 months ago

New fiscal act may open path for GST reintroduction

by WELLIAN WIRANTO MALAYSIA’S Finance Minister said that the Fiscal Responsibility Act will be tabled in the next Parliament session…

10 months ago