TIN for all Categories of Taxpayers except the Individual and Employer Categories
The Inland Revenue Board of Malaysia has informed us (being CTIM members) that the Tax Identification Number (TIN) format for all categories of taxpayers except for individual and employer categories has been changed. This is in line with the implementation of the Tax Identification Number and changes to the internal system of the Inland Revenue […]
FAQs on the implementation of Tax Identification Number, TIN
1. As a strategy to increase tax compliance while broadening the tax base, Malaysians over the age of 18 and business entities will be issued a TIN, which is similar to the procedure in many other countries. 2. The Income Tax Act 1967 (“the Act”) accordingly added a new section, section 66A, to give effect […]
