Govt might rake in billions after MyEG completes Online Tax Reporting project


MyEG Services Bhd - Political connection is one thing but for this company that started out as a government concession, it now seems to offer every service under the sun.(filepic)

PETALING JAYA: MyEG Services Bhd, one of the best-performing stocks last year, has finally landed the job to wire up businesses that are required to pay tax to the Government – a project that has been mooted to beef up the Government’s coffers.

The over-riding objective of the project is to plug a loophole that currently allows businesses, particularly entertainment outlets, to evade paying tax on sales to the Royal Malaysian Customs Department (Customs).

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