Hock Seng Lee 2Q profit rises on higher construction and property development income
KUALA LUMPUR (Aug 22): Hock Seng Lee Bhd (HSL)'s second quarter net profit rose 16.
BAssets 4Q net loss widens following higher deferred tax bill
KUALA LUMPUR (Aug 22): Berjaya Assets Bhd’s (BAssets) net loss widened significantly in the fourth quarter ended June 30, 2019 (4QFY19) to RM83.
IRB's suit against Najib: Court sets Sept 6 to fix hearing date for stay application, summary judgement
KUALA LUMPUR (Aug 16): The High Court has set Sept 6 to fix the hearing date for two separate applications by Datuk Seri Najib Razak and the Inland Revenue Board (IRB) in relation to the RM1.
Putrajaya unlikely to introduce new tax measures in Budget 2020, Guan Eng says
KUALA LUMPUR (Aug 6): Finance Minister Lim Guan Eng said the government is not likely to introduce new tax measures in Budget 2020, which will be tabled in Parliament in October.
Jho Low can’t use tax amnesty programme to clear name — Guan Eng
KUALA LUMPUR (Aug 6): Fugitive financier Low Taek Jho (Jho Low) will not be able to use the ongoing tax amnesty programme to escape criminal prosecution over alleged theft of state funds, says Finance Minister Lim Guan Eng.
GST refunds kept in consolidated revenue account violated fundamental trust laws, accounting rules
KUALA LUMPUR (July 15): To keep the RM19.
PAC report: Only RM1.5b GST refunds overdue, not RM19.4b claimed by Finance Minister
KUALA LUMPUR (July 15): Only RM1.
Tourism tax unfair because short stay platforms exempted, says hoteliers
PETALING JAYA (July 12): The tourism tax is deemed a lopsided system because it is borne only by established hotels but not short stay platforms like Airbnb, said the Malaysian Association of Hotel Owners (MAHO) president Tan Sri Teo Chiang Hong.
RM17.1b of GST and income tax refunded with RM16b from Petronas, says MoF
KUALA LUMPUR (May 10): The Malaysian government has repaid some RM17.
Was PH right to abolish GST?
The implementation of the Goods and Services Tax (GST) on April 1, 2015, and its abolishment three years later probably makes it one of the most — if not the most — controversial tax to be introduced in Malaysia’s history.
