IRB has right to conduct raids on companies evading taxes, says CEO

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Inland Revenue Board IRB News

Raids,Companies Evading Taxes,Abu Tariq Jamaluddin

CYBERJAYA, April 30 — The Inland Revenue Board (IRB) will exercise its authority under the provisions of the law if necessary to take enforcement action, including conducting...

IRB chief executive officer Datuk Abu Tariq Jamaluddin said it had specific methods for identifying tax-evading companies based on research and information received from various sources. — Picture by Hari AnggaraCYBERJAYA, April 30 — The Inland Revenue Board will exercise its authority under the provisions of the law if necessary to take enforcement action, including conducting raids, against any individuals or companies identified as evading taxes.

“Only cases identified as requiring raids will undergo them, but cases with low risks will undergo audits,” he told reporters at the Aidilfitri reception of the organisation here today.

 

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