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How effective will the special volunteer disclosure programme be?


More effective: Sim says the current scheme will likely be more effective in recouping funds.

More effective: Sim says the current scheme will likely be more effective in recouping funds.

THIS is not the first time Malaysia is granting tax amnesty.

The Special Voluntary Disclosure Programme (SVDP), launched last November is the third attempt in recent times by the Inland Revenue Board (IRB) to recover funds lost over the years to potential tax evasion, and perhaps, in assets stashed overseas by wealthy individuals and businesses.

   

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