MCO 3.0: 10 key tax questions answered
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Title : MCO 3.0: 10 key tax questions answered
Category : Malaysians
The Inland Revenue Board has announced administrative concessions to taxpayers, through its updated circular issued on June 3, 2021, in light of the recently announced movement control order, which is now better known by the acronym MCO 3.0.1. Are the IRB offices open during the MCO 3.0?Unlike the previous MCO whereby all IRB offices are closed during MCO period, several IRB offices will operate during MCO 3.0 in order to facilitate the receipt of tax payments namely:• The IRB’s Payment Centre Counter (Kuala Lumpur, Kota Kinabalu and Kuching) will operate from 8am to 12 noon on weekdays.The services provided are cash and cheque payments for withholding tax, real property gains tax remission, tax compound and other tax-related payments. Payments for income tax and other taxes can also be made by debit and credit cards.• The stamp duty counters at the IRB branches will operate f…
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