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.