100% penalty from next year for income tax dodgers


  • Nation
  • Wednesday, 12 Apr 2017

KUALA LUMPUR: Beginning Jan 1 next year, the Inland Revenue Board (IRB) will impose a 100% penalty on the tax of individuals and companies dodging payment or filing incorrect income tax returns.

IRB chief executive officer Datuk Sabin Samitah said it would impose the maximum penalty, compared with the 45% penalty currently imposed on offenders.

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