Taxman expects RM10b in collection under amnesty period

Delivering the keynote address at an exclusive SVDP Seminar for C-suites and senior management executives organised by Deloitte Malaysia, he quipped: “As the saying goes ‘you can run but you cannot hide’ and hence, taxpayers are encouraged to take advantage of the SVDP, a one-off initiative offered by the government,” he said.

Inland Revenue Board chief executive officer Datuk Seri Sabin Samitah said on Wednesday the department estimated RM10bil in tax collection under the SVDP.