Insight - A look at taxes to move Malaysia towards recovery

IRB’s newly appointed chief executive officer Datuk Mohd Nizom Sairi had recently said in an interview that the IRB’s revenue collection target for 2022 has been revised to RM132bil. To achieve this target, Nizom has given some insights to the strategies IRB will be adopting in 2022:

THE debilitating financial impact and the countless loss of lives from the onslaught of the Covid-19 pandemic, coupled with the unforeseen floods and landslides that have caused widespread devastation, making 2021 the grimmest period for Malaysians since the turn of the millennium.

The recent catastrophes became a one-two punch that arrested our recovery momentum.