Declare your income, overseas bank account holders urged


KUALA LUMPUR: Individuals with overseas bank accounts and those having previously undeclared income must report it immediately to the Inland Revenue Board (IRB).

The IRB said it had been receiving information, particularly with regard to ownership of overseas bank accounts from September 2018, under the Automatic Exchange of information with the Organisation for Economic Cooperation and Development.

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Business , IRB , income tax

   

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