Covid-19 and MCO: 10 key tax questions answered — S. Saravana Kumar | Malay Mail

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MARCH 30 — In light of the movement control order (MCO), the Inland Revenue Board (IRB) andthe Royal Malaysian Customs (RMC) have made various announcements in respect of managing our tax affairs. This is timely as March is when individual taxpayers with business source income finalise their CP...

Monday, 30 Mar 2020 11:54 AM MYT

Although the RMC offices are open for their operations, all scheduled meetings including round-table-discussions with taxpayers at the RMC offices are cancelled. All payments due to the RMC on March 30, 2020 are extended to April 30, 2020 and penalty remission will be given for payments during this period.4. Regarding withholding tax payments, what is the arrangement?

The IRB has further stated that taxpayers donating items including equipment must obtain a receipt with an official stamp from the recipient according to the format to be issued by the Ministry of Finance or other documents such as original approval letter by the MoF, official receipt or letter of acceptance from the recipient and letter of acknowledgment of service value or project cost value from the relevant government agencies.

Personal Protective Equipment such as face and eye protection, gloves and protective garments for surgical/medical use7. How about the filing of appeals to the Special Commissioners of Income Tax and Customs Appeal Tribunal ? Tax appeals before the courts including judicial review proceedings are also adjourned during the MCO. Case managements are still taking place online by way of e-review where parties including the court official need not be physically present in court.Stamping of documents is made via the Stamp Assessment and Payments Systems , a system which allows online application and payment for stamp duty.

 

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