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Direct tax collection at record RM137bil last year


"Encouraging environment: Tax revenue from petroleum contributed RM20bil or 14 to direct taxes, according to Lim. — Bernama

"Encouraging environment: Tax revenue from petroleum contributed RM20bil or 14 to direct taxes, according to Lim. — Bernama

PETALING JAYA: Malaysia’s gross direct tax collection in 2018 broke previous records in terms of highest amount received.

Finance Minister Lim Guan Eng announced that the Inland Revenue Board had collected RM137.03bil last year – an increase of 11.13% from 2017.

   

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