News about tax

PETALING JAYA (Aug 6): Road users are reminded to renew their driving licences and road taxs by Sept 30, 2021, because no further extensions will be given any more, said the Road Transport Department (JPJ).

KUALA LUMPUR (June 11): The Inland Revenue Board today denied at the High Court here that there was any malice on its part in filing a bankruptcy notice against former prime minister Datuk Seri Najib Razak for owing RM1.

KUALA LUMPUR (March 31): The Selayang (pictured) Municipal Council (MPS) will be issuing warrant of attachments from April 16 to residents who still had outstanding amounts on their assessment taxes, The Star reported today.

KUALA LUMPUR (March 26):  If your driving licence or road tax expire in February and March, you now have until May 31 to renew them, The Star reported Transport Minister Dr Wee Ka Siong (pictured) saying today.

KUALA LUMPUR (Feb 25): Matrix Concepts Holdings Bhd's net profit rose to a five-year high of RM75.

KUALA LUMPUR (Feb 25): Datin Seri Rosmah Mansor's second trial, which is for charges of money laundering and tax evasion involving RM7.

KUALA LUMPUR (Feb 9): The government has filed tax suits against two of the central characters in the 1Malaysia Development Bhd (1MDB) scandal, Casey Tang Keng Chee and Jasmine Loo Ai Swan, for unpaid taxes which amount to RM9.

KUALA LUMPUR (Jan 1): Tenaga Nasional Bhd (TNB) said the Inland Revenue Board of Malaysia (IRB) had agreed to immediately remit all penalties imposed on TNB for the years of assessment (YAs) 2013 to 2018 amounting to RM2.

The issue of inheritance tax has resurfaced again as one the proposals to enhance the Government’s revenue.

KUALA LUMPUR (Nov 18): Analysts at Deutsche Bank have proposed a “privilege tax" on work from home workers when the Covid-19 pandemic ends to subsidise lost wages for low-income workers, Forbes reported recently.