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PETALING JAYA: The Finance Ministry is expected to table a proposal in Parliament to give the Inland Revenue Board (IRB) a measure of financial independence by allowing it to keep a fixed percentage of the revenue collected.
PETALING JAYA: Professionals of all categories will be closely monitored by the Inland Revenue Board (IRB) in a bid to track tax evaders.
CYBERJAYA: The Inland Revenue Board (IRB) should opt for a more open approach and not be overzealous in its tax enforcement efforts, said Second Finance Minister Datuk Seri Johari Abdul Ghani.
KUALA LUMPUR: Taxes collected by the Inland Revenue Board (IRB) will not be used for investments as claimed by certain groups under a proposed law amendment, said the Finance Ministry.
CYBERJAYA: Finance Minister Lim Guan Eng says he is confident that the Inland Revenue Board (IRB) can meet its tax collection target of RM150bil in 2019, after posting a new record in direct tax collection last year.
PETALING JAYA: Tenaga Nasional Bhd and the Inland Revenue Board (IRB) have entered into a consent judgment before the Kuala Lumpur High Court to substitute the judicial review proceedings with regard to the notices of additional assessment dated Nov 23, 2015 by filing an appeal to the Special Commissioners of Income Tax (SCIT).
PETALING JAYA: The Inland Revenue Board (IRB) has confirmed Finance Minister Lim Guan Eng’s claim that a total of RM16.046bil in excess income tax and real property gains tax has not been refunded to taxpayers for over six years.