Reasons Why Tax Refunds Fail To Be Processed

KUALA LUMPUR, March 18 (Bernama) — The Inland Revenue Board of Malaysia places great importance on the processing of tax refunds to ensure taxpayers eligible for a tax refund receive their refund in the stipulated timeframe. However, failure in updating personal information and bank account details results in the failure to complete the tax refund process

Based on 2018 records, 6.22% or about RM486.29 million in refund failed to be paid due to the following reasons:

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