IRB slaps UEM Edgenta with additional RM18.7m tax bill | Malay Mail

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KUALA LUMPUR, May 3 — The Inland Revenue Board has slapped UEM Edgenta Bhd with an additional income tax with penalty of RM18.7 million for the years of assessment 2015 to 2018. In a filing with Bursa Malaysia today, the company said it was served with the notices of additional assessment with...

General view of the Inland Revenue Board of Malaysia building located at Jalan Duta in Kuala Lumpur April 23, 2020. — Picture by Hari AnggaraKUALA LUMPUR, May 3 — The Inland Revenue Board has slapped UEM Edgenta Bhd with an additional income tax with penalty of RM18.7 million for the years of assessment 2015 to 2018.

“Based on UEM Edgenta tax solicitors’ opinion, the company is of the view that there are reasonable grounds to challenge the basis of assessment.

 

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