KUALA LUMPUR: The Inland Revenue Board of Malaysia (IRB) has allowed DRB-Hicom Bhd
‘s appeal against the notice of additional assessment that the gain from the disposal of a subsidiary is not subject to tax under Section 4(a) of the Income Tax Act 1967.
In a filing with Bursa Malaysia today, DRB-HICOM said accordingly, the tax amounting to RM246.25 million is fully discharged through a notification received from IRB on March 20, 2025.
