Are you Ready for a Capital Statement Review?

The Inland Revenue Board (IRB) is coming down hard on taxpayers who under-declare their incomes. By reviewing an individual's Net Worth Analysis or Capital Statement, the IRB is able to compare the increase of one’s net assets in a particular year to the individual's net income. If the two amounts do not tally, there is a likelihood of under-reported income. The individual may then have to pay additional taxes and penalties.

In collaboration with the Malaysian International Chamber of Commerce and Industry (MICCI), this webinar features our Tax Executive Director, Wong Man Yee, who will guide you on how to plan for a possible Capital Statement review.

Click HERE to register now>>>

You can also catch the live session on Facebook @micci.official