Donation reporting threshold to IRB increases to RM10k


  • Nation
  • Monday, 09 Sep 2019

PUTRAJAYA (Bernama): Only information on donors who donated RM10,000 and above needs to be submitted to the Inland Revenue Board (IRB) under new guidelines.

The information is for the approval of the IRB director-general and comes under subsection 44(6) of the Income Tax Act 197.

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