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.
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.
