Govt does not intend to impose inheritance tax in Budget 2020

The Inland Revenue Board of Malaysia's (IRB) newly-launched Monitoring Deliberate Tax Defaulters (MDTD) programme will track taxpayers identified as non-compliant.

KUALA LUMPUR: The government has no intention of imposing new taxes in the upcoming 2020 Budget especially in regards to the inheritance tax, says Finance Minister Lim Guan Eng.

He said there are a lot of rumours alleging that Pakatan Harapan government intended to introduce inheritance tax.