The Inland Revenue Board (LHDN) has revealed that 203,123 individuals and companies have been barred from leaving the country as of 30 November. It added that travel restriction is the last action that can be imposed if the taxpayer still fails to pay the remaining outstanding tax (individuals and companies) after various reminders and notices have been issued.
According to Bernama, LHDN asserted that the number included 175,656 individuals with arrears under Section 104 of the Income Tax Act (ACP) 1967, as well as 12,205 individuals with tax arrears under Section 22 of the Real Property Gains Tax Act (ACKHT) 1976. LHDN noted that Sections 104 and 75A of the Income Tax Act (ACP) 1967, and Section 22 of the ACKHT 1976 give power to LHDN to prevent any individual from leaving Malaysia if they or their company have unpaid tax arrears to the government.
The agency clarified that the action of restricting travel abroad against any party is not aimed at denying them their rights but the action is an effort to enforce the existing tax law on taxpayers who fail to settle tax arrears. Accordingly, LHDN advises all taxpayers who wish to travel abroad to check the status of their tax arrears first through the MyTax portal via https://mytax.hasil.gov.my/.
So, what do you guys think of LHDN’s statement? Comment down below and stay tuned to TechNave for more trending news.
COMMENTS