Tax amnesty offer may miss target


Remove exemptions: Yong moots the idea of removing tax exemptions on foreign income.

PETALING JAYA: Malaysia’s tax amnesty programme introduced by the Pakatan Harapan government may not achieve its target as it inches closer to its deadline in less than two weeks’ time.

Tax experts have cited fears of legal action and complacency among taxpayers as the top reasons for the lower-than-expected voluntary tax declarations.

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Tax , exemption , amnesty , offer , target , IRB , voluntary disclosure ,

   

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