LHDN identifies individuals, companies involved in cryptocurrency trading

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PUTRAJAYA: The Inland Revenue Board (LHDN) has identified several individuals and companies engaged in cryptocurrency trading as part of efforts to cu...

The Inland Revenue Board has identified several individuals and companies engaged in cryptocurrency trading as part of efforts to curb tax revenue leakage and enhance national tax administration

“Individuals engaged in high-volume transactions are not reporting these activities to us,“ he told reporters after presenting certificates to participants of the Tax Corporate Governance Programme today. Earlier in his speech, Abu Tariq highlighted that the TCG programme aims to provide a comprehensive understanding of taxpayer management, tax administration procedures, and tax risk management.

 

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