Transparency needed in refunding overpaid tax

Slowing exports and tepid inflation have raised expectations that policy makers will need to consider adding to May

PETALING JAYA: While business groups and experts welcome the government’s announcement of unreturned tax amounts, they feel the taxmen should increase efficiency and transparency in refunding taxpayers.

The Associated Chinese Chambers of Commerce and Industry of Malaysia tax committee head Koong Lin Loong said that in the last two years, companies found it harder to get bigger tax refunds.