News about tax

PETALING JAYA (Dec 26): High property-related taxes and other rates imposed by the Selangor government have driven up the cost of living in the state, said political economist Isham Jalil.

PETALING JAYA (Oct 27): The National House Buyers Association (HBA) has lauded the government’s move to build more affordable homes.

KUALA LUMPUR (Oct 25): Civil and building construction work firm Lebtech Bhd’s unit has been slapped with a winding-up petition by the Inland Revenue Board (IRB) over about RM1 million in unpaid taxes.

KUALA LUMPUR (Oct 4): Property developer LBS Bina Group Bhd has outlined six proposals for the upcoming Budget 2018, which it believes will benefit, in particular, first-time homebuyers, the property industry as well as the entire Malaysian economy.

KUALA LUMPUR (Sept 20): EcoFirst Consolidated Bhd fell 5.

KUALA LUMPUR (Sept 19): EcoFirst Consolidated Bhd said it has been sued by the Inland Revenue Board (IRB), on behalf of the government, over some RM35.

KUALA LUMPUR (Aug 30): MK Land Holdings Bhd's wholly-owned unit, Saujana Triangle Sdn Bhd, has obtained an order from the Court of Appeal to stay the effect of the Inland Revenue Board's (IRB) notices of assessment to the company.

KUALA LUMPUR (July 27): Gadang Holdings Bhd's net profit in its fourth quarter ended May 31, 2017 (4QFY17) slid 3.

MELBOURNE, Australia (May 15): The vacant property tax, which is set to be implemented in January next year in the state of Victoria, will not have a “catastrophic effect” on the local property market, said Charter Keck Cramer director James Mansour at a media briefing for Malaysian press on the Australian Property Market today.

KUALA LUMPUR (Feb 28): Malaysian Resources Corp Bhd (MRCB) rose 2.