THE Dewan Rakyat recently heard that tax defaults involving several millionaires and a sum of RM247.8mil, represents only the tip of the iceberg as those involved come from just three places – Kuala Lumpur (KL), Sarawak and Penang.
Altogether, the top 100 high income earners owe more than RM320mil as of September. A millionaire from Penang is reported to be the top defaulter after owing the Inland Revenue Board more than RM36mil. The second highest tax defaulter is from Sarawak (RM20.5mil).
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