Inland Revenue Board of Malaysia definition
Examples of Inland Revenue Board of Malaysia in a sentence
However, the above amounts are subject to the approval of the Inland Revenue Board of Malaysia.
WMSB has been served with the notice of additional assessment for additional tax liabilities, inclusive of penalties for the years of assessment from 2013 to 2018, by the Inland Revenue Board of Malaysia (“IRB”) (“the Notices”) on 2 October 2020.
On 6 July 2021, the High Court allowed UEM Edgenta’s application for leave to commence judicial review proceedings against the Inland Revenue Board of Malaysia (“IRB”) and granted a Stay against any proceedings or enforcement actions to recover the taxes and penalties purportedly payable under the notices of assessment, and any other proceedings and actions, until the disposal of the judicial review.
Should withholding not occur, however, the Participant acknowledges that he or she is ultimately responsible for paying any Tax-Related Items legally due by him or her in connection with the RSUs to the Inland Revenue Board of Malaysia.
On 30 April 2021, the Director General of Inland Revenue Board of Malaysia (“DGIR”) had served UEM Edgenta Berhad (“UEM Edgenta” or “the Company”), with additional tax assessments for the years of assessment (“YAs”) 2015,2016,2017 and 2018 for additional income taxes of RM18,697,845.29 (“2021 Notice”).
For e.g. in Malaysia, the TIN will be the identification number issued by the Inland Revenue Board of Malaysia to individuals.
You may qualify for a personal tax relief for the contributions paid under “Life Insurance/ Takaful” up to RM3,000, subject to the final decision of the Inland Revenue Board of Malaysia.
Please refer to the relevant guideline issued by the Inland Revenue Board of Malaysia or consult your tax advisor to determine your eligibility for any tax relief.
However, the above amounts are subject to the approval of Inland Revenue Board of Malaysia.
Further, the Inland Revenue Board of Malaysia (“IRBM”) has issued the Public Ruling 7/2014: Unit Trust Funds - Part II – Taxation of Unit Trusts dated 4 November 2014 to explain the tax treatments for Unit Trust Fund.