MK Land gets surprise tax bill from IRB


KUALA LUMPUR: MK Land Holdings Bhd has become the latest public-listed group to announce the receipt of a surprise tax bill from the Inland Revenue Board (IRB).

In a filing with Bursa Malaysia, the company said wholly owned subsidiary Saujana Triangle Sdn Bhd (STSB) – the developer of its flagship Damansara Perdana development project in Petaling Jaya – had been served with notices for an additional income tax of RM55.7mil and a 45% penalty of RM25.07mil.

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