Tax Identification Number or TIN will be assigned to all Malaysians above the age of 18, as well as corporate entities
It is said by Finance Minister Lim Guan Eng that in the beginning of January 2021 the TIN initiative will be started and to implement this initiative, engagement sessions with all stakeholders will commerce next year.
To improve efficiency of management of taxpayer appeals, the Special Commissioner of Income Tax and Customs Appeal Tribunal will be merged by the government which would be operational in 2021.
Taxpayers who are dissatisfied with the Inland Revenue Board director-general or the Customs Department director-general’s decisions may submit a tax-related appeal under all applicable tax laws to the Tax Appeal Tribunal
source : www.nst.com.my
