LHDN targets cryptocurrency traders for taxes


PUTRAJAYA: The Inland Revenue Board (LHDN) has identified several individuals and companies engaged in cryptocurrency trading as part of efforts to curb tax revenue leakage and enhance national tax administration.

LHDN chief executive officer Datuk Dr Abu Tariq Jamaluddin said the high frequency of cryptocurrency trading transactions has prompted LHDN to review data for potential tax implications.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
LHDN , cryptocurrency , trading , tax , TCG

Next In Nation

Parents: Give us more time to gauge readiness of our kids
New entry tests for Year One to be unveiled soon
RTS Bill facing tight deadline
Early Year One entry may strain schools further
Star power boosts Warisan’s campaign
Fragility hip fracture a silent killer
‘Diagnostic tests are harmless’
DIPN TO REDUCE RELIANCE ON FOREIGN TECH
DIPN will sharpen our military edge, say experts
Hip fractures to triple by 2050

Others Also Read