Country's tax framework should remain the same even if govts change, says Radzi
KUALA LUMPUR: Malaysia needs a clear and transparent tax system that remains the same despite any change in government, says Datuk Dr Radzi Jidin.
No turning back: The global minimum tax is here to stay
The year 2026 has been an eventful year thus far for Pillar Two Global Minimum Tax (hereinafter referred to as GMT).
Stronger tax compliance likely focus of budget
Tackling Malaysia's structurally narrow tax base will remain a key challenge for Budget 2027, with the government expected to prioritise stronger compliance and tax administration over introducing new revenue measures.
Tax revolution happening one invoice at a time
FOR most businesses, tax compliance has traditionally been a retrospective exercise.
A tax system built for how M’sians work today
AS Malaysia prepares for Budget 2027, much of the attention will be on economic growth and fiscal sustainability.
China taps AI for tax system modernisation drive
China's tax authorities have rolled out 16 targeted measures to streamline tax and fee processing, leveraging cutting-edge AI technology as the core driver for the 13th consecutive "Spring Breeze Action to Facilitate Citizens' Handling of Tax Affairs", a spokesperson for the State Taxation Administration (STA) said.
Balancing GST, SST through a hybrid way
THE Prime Minister's recent announcement that the government is exploring the incorporation of selected features of the goods and services tax (GST) into the existing sales and service tax (SST) framework presents a timely opportunity for a constructive national discussion on the future of Malaysia's consumption tax system.
IRB raises RM4.4bil in additional tax assessments as of June 30
KUALA LUMPUR: The Inland Revenue Board (IRB) has raised RM4.4 billion in additional tax assessments as of June 30, said its chief executive officer Datuk Dr Abu Tariq Jamaluddin.
Canadian sentenced to eight years in prison for attempting to take excess foreign currency out of Pakistan
KARACHI: The Special Court for Customs, Taxation and Anti-Smuggling has sentenced a Canadian citizen to a total of eight years in prison for possessing US and Canadian currency above the permissible limit while travelling with his family to Canada.
Tax management an integral part of corporate governance - IRB
KUALA LUMPUR: Tax management has become an integral part of corporate governance strategy as more companies place greater emphasis on tax compliance, risk management, and transparency in their business operations, the Malaysian Inland Revenue Board (IRB) said today.
