Corporate Tax & LHDN (IRB)
Inland Revenue Board of Malaysia
The Inland Revenue Board of Malaysia (IRBM) is one of the main revenue collecting agencies of the Ministry of Finance.
The Department of Inland Revenue...
Malaysia individual tax deduction – Broadband subscription fee for YA2010 to YA2012
Malaysia Inland Revenue Board (IRB) on 12 April 2011 issued a Technical Guideline on personal tax relief or deduction on the broadband subscription fee....
Tax Return Form B 2010 and Form P 2010
30 June 2011 tax filing deadline for Tax Return Form B 2010 and Form P in respect of year of assessment 2010 is approaching...
IRB introduces Information Collection Program
The Malaysian tax authorities, Inland Revenue Board (IRB) has, on Oct 19, introduced “Information Collection Program” which is aimed to support the enforcement and...
Pay Your Tax Now or You Will Be Barred From Travelling Oversea
You will be barred from leaving the country if you have yet to settle your income tax or property tax (RPGT) from October 2013...
Annual tax filing deadline by businessmen due today
30 June 2011 marks the last day of first half year of 2011. Time flies, we are mid way through year 2011.
For businessmen carried...
IRB issues Transfer Pricing form to taxpayer
Inland Revenue Board of Malaysia (IRB) issues Transfer Pricing form, namely “FORM MNE (1/2011) INFORMATION ON CROSS BORDER TRANSACTIONS”, to selected taxpayers to collate...
Real Estate Investment Trust (REIT) in Malaysia
REIT may consider as good as EPF on its tax exemption status, as all the rental, interest and other investment income earned by REIT...
Employee Benefits and Income earned by Staff exempted from Income Tax
With effect from YA 2008, employees are given tax exemption on allowances, benefits in kind and perquisites that received from their employer as follows:
(a)...
Increasing Tax Audits by IRB Malaysia
Following the implementation of Self Assessment Taxation System in Malaysia years ago, the Inland Revenue Board switches its focus and attention in doing tax...
