PETALING JAYA, Aug 19 (Bernama) — KPMG in Malaysia commends the Inland Revenue Board of Malaysia (HASiL) for its proactive measure in encouraging fair and sustained tax compliance, in line with the national tax enforcement initiatives.
“Early interventions, including targeting taxpayers who are at risk of under-reporting income, are helping to close the compliance gap. For instance, 5,800 taxpayers previously flagged for non-submission have since come forward, contributing RM82 million in additional tax revenue[1],” said Soh Lian Seng, Head of Tax at KPMG in Malaysia.