LHDN audited and investigated 408,726 cases this year, resulting in about RM7.7 billion in additional tax assessments, says CEO Abu Tariq Jamaluddin.
CYBERJAYA: The Inland Revenue Board of Malaysia (LHDN) has audited and investigated a total of 408,726 cases throughout this year, resulting in additional tax assessments amounting to about RM7.7 billion.
Chief executive officer Datuk Dr Abu Tariq Jamaluddin said these compliance and enforcement measures focused on several high-risk areas, including high-net-worth individuals (HNWI); the tobacco, liquor and vape sectors; as well as aggressive tax planning activities.
He said LHDN also paid close attention to transfer pricing issues, e-Invoice data and information on Malaysian taxpayers’ overseas accounts to ensure compliance with the country’s tax laws.
