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.
Personal income tax deadline is May 15; here's how to file tax returns online with LHDN
A quick guide on online e-filing income tax with LHDN for first-timers and those in need of a refresher.
Australia passes tax levy on super savers
Australia has pushed through a contentious new tax on the country's wealthiest retirement savers, capping three years of political wrangling and opposition from savers that forced the government to scale back its original plan.
Sustaining fiscal consolidation momentum
PETALING JAYA: Tax compliance and expenditure governance are expected to take centre stage from 2026, as the government aims to sustain its fiscal consolidation momentum.
IRB’s 2026 vision and refund reform
JUST weeks into 2026, early signals from the Inland Revenue Board (IRB) indicate a year defined by tighter digital enforcement such as the rollout of stamp duty self-assessment and the long-awaited improvements in tax refund administration.
Tax refund delays and cash-flow strain on SMEs
THE Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) recently released its survey report on Malaysia's business and economic outlook for the second half of 2025 and the first half of 2026. Conducted in December 2025, the survey found that 42.3% of respondents reported having overpaid corporate income tax.
Extra tax appeal platform likely to add complexity
PETALING JAYA: The proposed Tax Tribunal, particularly for individuals and micro, small and medium enterprises (MSMEs), is seen as a means to simplify things.
Google guys say bye to California
Sergey Brin is joining his Google co-founder, Larry Page, in reducing ties to the state where they built their fortunes.
