IRB: Letter sent to international schools routine procedure


The Inland Revenue Board (IRB) headquarters in Cyberjaya. - Filepic

KUALA LUMPUR: The Inland Revenue Board of Malaysia's (IRB) move to request relevant information such as school fees collection from the management of international schools is a routine procedure.

In a statement issued on Thursday it said the request was to “promote voluntary tax compliance, reducing the risk of tax leakages and ensuring the tax system is safeguarded”. 

The IRB had sought to clarify an email from an international school, which is being circulated in the social media and directed to the parents of their students. 

It certified that a letter has been issued to the management of several international schools requesting for relevant information. 

“The request for such information is pursuant to the provision of Section 80 and Section 81 of the Income Tax Act 1967,” it said. 

The Star Online reported earlier on Thursday that snapshots of emails from international schools to parents of children studying there have been circulating on social media platforms such as the WhatsApp messaging service.

The international schools were said to have been approached by IRB for information relating to name of the fee payer, identification number, name of student and total fees paid in 2017.

In one of the emails, an international school said the request for information was made in pursuant to Section 80 and 81 of the Income Tax Act 1967, adding that the school was obliged to furnish the information as requested.

The IRB has been contacting international schools here requesting them to provide information on school fees collection.

Snapshots of emails from international schools to parents of children studying there have been circulating on social media platforms such as the WhatsApp messaging service.

The international schools were said to have been approached by IRB for information relating to name of the fee payer, identification number, name of student and total fees paid in 2017.





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!
   

Next In Business News

Standard Chartered Q1 profit rises 5.5%, beats estimates
Oil prices rebound on prospect of US replenishing strategic reserve
Hong Kong central bank keeps key rate unchanged, tracks Fed move
Westports' 1Q net profit rises to RM204.51mil
FBM KLCI nearly flat at lunch break
MAB Engineering secures country's first aircraft maintenance digital certification
Microsoft to invest US$2.2bil in cloud and AI services in Malaysia
Agricore inks underwriting deal with M&A Securities
Malaysia's manufacturing PMI rises to 49.0 in April, suggesting improved GDP growth - S&P Global
DBS quarterly results trounce forecasts, another record year expected

Others Also Read