08 July 2019
KUALA LUMPUR, July 8 — The Inland Revenue Board of Malaysia has recorded 486,360 cases of voluntary tax declaration under the special voluntary declaration programme as of June 23. “The voluntary declarations received are being processed by the IRB. The amount in collection will be announced at year-end,” he said in reply to a question from Wong Kah Woh on the implementation of the PKPS rationalisation and the number of taxpayers participating, as well as the amount in additional tax collected from it.
Also included in the PKPS is the reporting of profit on the disposal of assets, namely land, shares in realty companies and letters of attachment that had not been stamped.
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