Special Program for Voluntary Disclosure by Inland Revenue Board of Malaysia

OPERATIONAL GUIDELINES NO. 1/2018 (AMENDMENT) INLAND REVENUE BOARD OF MALAYSIA

The inland revenue board has issued guidelines for the implementation of  the special Program for Voluntary Disclosure (Special Program) for eligible taxpayers following the 2019 Budget announcement by The Honorable Minister of Finance Malaysia on 02 November 2018.

The establishment of the Tax Reform Committee is part of the government’s effort in reforming the tax system to address tax leakages, reduce the existing tax gap and explore new sources of revenue to increase tax collection

For more information please visit the LHDN website at http://lampiran1.hasil.gov.my/pdf/pdfam/GO_012018_02_amd_27112018.pdf

Notice: All information in this post are gathered from Inland Revenue Board of Malaysia circular as per link above..  Please note that ICIA is not responsible for any error or omission therein.

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