IRB urged to set up unit to monitor MLM, online companies


JOHOR BARU: The Government wants the Inland Revenue Board to set up a special unit to monitor multi-level marketing (MLM) and online businesses in the country.

Trade Cooperatives and Consumerism Minister Datuk Hasan Malek said this was to ensure that these businesses paid their taxes to the Goverment.

He said while many of the registered businesses paid their yearly taxes to the government , the MLM and online businesses did not do that.

"It is unfair to tax-paying businesses that MLM and online businesses escape from paying taxes," Hasan said in a press conference on Friday.

He said this at the opening of a franchise exhibition held at a shopping complex here.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Government , IRB , MLM , online businesses

   

Next In Nation

Copter tragedy: Welfare of victims' families is govt's priority, says DPM Fadillah
4,500 film industry workers to get Socso coverage, says HR Minister
Health Ministry, govt get leave to appeal on ruling on doctor's Ivermectin dispensing rights
Copter tragedy: Family of victim grieving tragic loss of daughter, elder sister
Health Ministry to probe food poisoning incident at Kota Bharu school
1MDB charges against Najib are 'all wrong', says lawyer Shafee
Copter tragedy: DPM Zahid extends condolences to victims' families
Copter tragedy: Squadron 503's unknowing final farewell touches hearts online
Customs seize RM1.6mil in contraband ciggies and booze
Copter tragedy: Avoid speculation, respect sensitivity of victim's families, says DPM Fadillah

Others Also Read