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.

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LHDN , cryptocurrency , trading , tax , TCG

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