Malaysia: Voluntary disclosure program for indirect taxes opens in 2022
Available to resolve various indirect taxes including sales tax, service tax, goods and services tax, and import and export customs duty liabilities
The tax authority released details of a tax amnesty and voluntary disclosure program that taxpayers may consider to resolve their unpaid indirect taxes.
The voluntary disclosure program is being provided in two phases, first opening 1 January 2022. The program is available to resolve various indirect taxes including sales tax, service tax, goods and services tax, and import and export customs duty liabilities. A determination as to whether the taxpayer will be granted remission from penalties and/or tax will be determined on a case-by-case basis.
Read a December 2021 report [PDF 1.49 MB] prepared by the KPMG member firm in Malaysia
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