PUTRAJAYA, March 13 — Four individuals, including a civil servant, suspected of acting as middlemen for the syndicate to bribe public servants to smuggle tobacco, cigarettes, and alcohol into the country, were remanded today to assist in the investigation by the Malaysian Anti-Corruption Commission (MACC).

PUTRAJAYA, March 1 — Prime Minister Datuk Seri Anwar Ibrahim hopes the Inland Revenue Board (LHDN) will be able to collect more revenue than its RM197 billion projection for this year.

UALA LUMPUR, Feb 15 — The Inland Revenue Board (LHDN) will monitor information of individuals with offshore accounts and ensure that they pay their taxes.

KUALA LUMPUR, Feb 15 —The shadow economy involving foreigners who carry out business activities in their own names or that of our citizens should also contribute to the country’s revenue, said the Inland Revenue Board (LHDN).

PUTRAJAYA, Feb 9 — The beta version of the Software Development Kit (SDK) has been uploaded to the e-Invoice Micro website on the official portal of the Inland Revenue Board (LHDN) as a reference and guide for taxpayers.

PUTRAJAYA, Feb 6 — The RM2,000 Early Incentive Payment to all civil servants Grade 56 and below, including contract appointees, and RM1,000 to those in the Jawatan Utama Sektor Awam will be disbursed on February 23.

PUTRAJAYA, Jan 9 — Prime Minister Datuk Seri Anwar Ibrahim has urged government-linked investment companies (GLICs) and government-linked companies (GLCs) to reduce their overseas investments and increase their domestic investments.

KUALA TERENGGANU, Dec 20 — A construction company director was fined RM9,000 and imposed a special penalty of RM536,549.13 by the Magistrates Court here today after she pleaded guilty to failing to submit tax returns to the Inland Revenue Board (IRB) for two years.

KUALA LUMPUR, Nov 3 — The Youth and Sports Ministry (KBS) through the National Sports Council (NSC) is cooperating with the Inland Revenue Board (LHDN) to intensify advocacy and consultation sessions on financial management for national athletes.

KUALA LUMPUR, Oct 26 —The implementation of the electronic invoicing system (e-invoicing) will bode well should the government opt to reinstate the Goods and Services Tax (GST), and simultaneously, assist it in achieving its 2024 tax collection target of RM185 billion, said Inland Revenue Board (IRB) chief executive officer Datuk Seri Mohd Nizom Sairi.

PUTRAJAYA, Oct 23 — Prime Minister Datuk Seri Anwar Ibrahim said repaying National Higher Education Fund Corporation (PTPTN) loans through the Income Contingent Loan (ICL) option is a practical move that would not burden borrowers.

KUALA LUMPUR, Oct 10 — The introduction of e-invoicing is set to streamline and enhance the country’s tax system, promote transparency and provide a more accurate compliance risk assessment, said the National Chamber of Commerce and Industry of Malaysia (NCCIM).

KOTA KINABALU, Oct 2 — The process of appointing Sabah and Sarawak representatives to the Inland Revenue Board (IR) board of directors is expected to be tabled in the next Parliament sitting, scheduled from October 9 to November 30.

PUTRAJAYA, Oct 1 — The Malaysian Anti-Corruption Commission (MACC) has expanded its scope of investigations by implementing financial crime investigation methods to check any misconduct in the country’s finances, said MACC Chief Commissioner Tan Sri Azam Baki.

PUTRAJAYA, June 12 — The Inland Revenue Board (LHDN) is no longer accepting cheques and money orders/postal orders (MOPO) as instruments for direct tax payments at all its receipt management centres (PPTH), stamp duty payment counters, banks and post offices which have been appointed as its collection agents, beginning June 1.

CYBERJAYA, May 10 — The tax collection showed a positive trend with daily collection recording a 20 per cent increase this year compared with last year, Inland Revenue Board (LHDN) chief executive officer Datuk Mohd Nizom Sairi said.

PETALING JAYA, March 15 — The government is engaging all stakeholders actively and extensively in reviewing several taxes, including the excise duty on premixed beverages and the low-value goods (LVG) tax, the implementation of which had been postponed to an undetermined date.

KUALA LUMPUR, Oct 18 — The Penang High Court has granted the Inland Revenue Board’s (IRB) application for a summary judgment to recover RM1.05 billion in tax arrears from fugitive businessman Low Taek Jho or Jho Low.

KUALA LUMPUR, Oct 18 — Malaysia has agreed to implement the “two-pillar approach” in taxation to create a competitive environment for both foreign and domestic direct investment, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

KUALA LUMPUR, July 9 — The Inland Revenue Board (IRB) has announced administrative changes regarding the submission of the two per cent tax deduction by companies making payments to resident individual agents, dealers or distributors (ADDs) effective July 2022.