Matrix 3Q net profit rises to five-year high, declares three sen dividend
KUALA LUMPUR (Feb 25): Matrix Concepts Holdings Bhd's net profit rose to a five-year high of RM75.
Rosmah's second trial to begin in November
KUALA LUMPUR (Feb 25): Datin Seri Rosmah Mansor's second trial, which is for charges of money laundering and tax evasion involving RM7.
Tax man seeks RM9.1m in arrears from wanted Jho Low associates
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.
IRB cancels RM2.44b worth of tax penalties imposed on TNB
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.
Inheritance tax akin to punishing people's savings
The issue of inheritance tax has resurfaced again as one the proposals to enhance the Government’s revenue.
Post Covid-19: Employees should pay a 5% 'privilege' tax to work from home, say Deutsche Bank analysts
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.
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Airbnb lauds decision to expand tourism tax to include short-term accommodation
KUALA LUMPUR (Nov 11): Airbnb welcomed the government’s decision to expand the tourism tax to include the short-term accommodation industry, adding that the tax would be a fair and sustainable way to raise more revenue for local communities.
Five emerging trends in property landscape amidst a pandemic
The Covid-19 pandemic has not only changed the way people live globally, but also the property landscape across countries.
IRB and Tengku Adnan agree to settle out of court RM57m in unpaid taxes
KUALA LUMPUR (Sept 23): The Inland Revenue Board (IRB) agreed today to settle former federal territories minister Datuk Seri Tengku Adnan Tengku Mansor's (pictured) income tax arrears out of court.
EXCLUSIVE It’s off!: Proposed tax on unsold property put on the back-burner
KUALA LUMPUR (Aug 26): Putrajaya’s proposal for a tax on unsold property has been put on the back-burner.
