IRB putting more resources to collect revenue from ‘shadow economy’

IRB putting more resources to collect revenue from ‘shadow economy’

the Sun Daily - Local·2019-11-06 11:34

KUALA LUMPUR: The Inland Revenue Board (IRB) will be putting more resources into the enforcement next year to tackle missing revenue from the “shadow economy”.

Shadow economy refers to economic activity that is undeclared for which taxes that should be paid are not.

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