LHDN raises donation reporting threshold to RM10,000


PETALING JAYA: The Inland Revenue Board (LHDN) has increased the donation reporting threshold from RM5,000 to RM10,000 effective last Thursday.

In a statement, LHDN said the new ruling was outlined in the recently released Guidelines For Approval of Director-General of Inland Revenue, under subsection 44(6) of the Income Tax Act 1967.

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