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CEO: IRB to scrutinise e-commerce businesses


“We will also look into cases of unexplained extraordinary wealth of both individuals and companies posted on social media,” Sabin told reporters after attending a KPMG dialogue with the IRB(pic) here yesterday

“We will also look into cases of unexplained extraordinary wealth of both individuals and companies posted on social media,” Sabin told reporters after attending a KPMG dialogue with the IRB(pic) here yesterday

KUALA LUMPUR: The Inland Revenue Board (IRB) will look deeper into e-commerce businesses including those leveraging on social media platforms, to collect information on misreported asset declarations, according to chief executive officer Datuk Seri Sabin Samitah (pic).

He said a taskforce was set up in September 2018 to look at the mismatch between accumulated assets and declared assets.

   

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