Senate Passes Tax Collection Measures Bill 2025
KUALA LUMPUR, Dec 18 (Bernama) -- The Senate today passed the Measures for the Collection, Administration and Enforcement of Tax Bill 2025 to strengthen the country’s taxation system.
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IRB Settles RM14.55 Bln Tax Refunds, Involving 3.47 Mln cases - Lim
KUALA LUMPUR, Dec 15 (Bernama) -- The Inland Revenue Board (IRB) has completed tax refund payments amounting to RM14.55 billion involving 3.47 million cases as of Nov 30, said Deputy Finance Minister Lim Hui Ying.
Dewan Rakyat Passes Two Tax-Related Bills
KUALA LUMPUR, Dec 1 (Bernama) -- The Dewan Rakyat today passed the Finance Bill 2025, which details amendments to five tax acts, namely the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Labuan Business Activity Tax Act 1990, and the Petroleum (Income Tax) Act 1967.
e-invoice System Postponed After Considering Business Owners' Concerns - Lim
GEORGE TOWN, June 8 (Bernama) – The government has postponed the implementation of the e-invoice system after weighing the concerns of business owners, particularly the micro, small, and medium enterprises (MSMEs), said Deputy Finance Minister Lim Hui Ying.
Govt Preparing Additional Revenue Estimates From Introduction Of Dividend Tax -- Lim Hui Ying
KUALA LUMPUR, Dec 4 (Bernama) -- The government is currently preparing the estimates of the additional revenue that will be collected from introducing the two per cent dividend tax, said Deputy Finance Minister Lim Hui Ying.
Finance Bill 2024 To Amend Six Acts Tabled For First Reading
KUALA LUMPUR, Nov 19 (Bernama) -- The Finance Bill 2024 tabled in the Dewan Rakyat today aims to amend the Income Tax Act 1967, Real Property Gains Tax Act 1976, Stamp Act 1949, Petroleum (Income Tax) Act 1967, Finance Act 2012, and the Finance Act 2023.