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TaXavvy Issue 20/2020
In this issue:
Movement Control Order - IRB’s updated FAQs on MCO dated 3 April 2020
The Inland Revenue Board (IRB) has updated its FAQs in relation to tax matters during the Movement Control Order (MCO) period. Changes made to the FAQs mainly relate to updates on the payment of taxes which include deferment of payment of tax instalments under CP204 and CP500, revision of tax under CP500 and extension of time for submission of CP204B. Other changes include compliance obligations of individuals under the Stamp Act 1949 and appeals against an assessment by submission of Form Q under the Income Tax Act 1967.
TaXavvy is a newsletter issued by PricewaterhouseCoopers Taxation Services Sdn Bhd. While every care has been taken in compiling this newsletter, we make no representations or warranty (expressed or implied) about the accuracy, suitability, reliability or completeness of the information for any purpose. PricewaterhouseCoopers Taxation Services Sdn Bhd, its employees and agents accept no liability, and disclaim all responsibility, for the consequences of anyone acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it. Recipients should not act upon it without seeking specific professional advice tailored to your circumstances, requirements or needs.
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