IRB Conducts Business Census to Combat Tax Evasion

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Business Nouvelles

IRB,Business Census,Ops Stardust Kuala Lumpur

The Inland Revenue Board (IRB) has conducted a special Business Census (LBB) under 'Ops Stardust Kuala Lumpur' to identify, collect and update information of business owners through face-to-face interviews. The census was held in Kuala Lumpur for two days with the involvement of 80 IRB officers. The IRB aims to take investigative action against individuals, companies, and corporations attempting to evade taxes.

The IRB has conducted a special Business Census (LBB) under 'Ops Stardust Kuala Lumpur' to identify, collect and update information of business owners through face-to-face interviews. In a statement today, IRB said that the census was held in the Kuala Lumpur for two days from Monday (Feb 26) with 80 IRB officers from the Intelligence and Profiling Department (JPDP) of Kuala Lumpur, Putrajaya, Selangor, Negeri Sembilan and Melaka were involved.

IRB emphasises that all information uncovered will be thoroughly reviewed and audited before investigative action is taken against individuals, companies and corporations attempting to evade the reporting of income and payment of taxes, regardless of whether they are local residents or foreigners. 'There will also be ongoing compliance measures, including the imposition of penalties and criminal prosecution for failure to report income and for violations of tax laws. 'By implementing such programmes, the LHDN hopes to curb tax evasion and contribute to the sustainability of the country's tax system,' it sai

 

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