The Star dated 18 May 2023
The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) treasurer-general Datuk Koong Lin Loong, said LHDN must be clear on the workings of SVDP 2.0 to avoid misunderstandings and confusion.
“For the coming SVDP, the tax authorities must clearly state that they have the right to seek further clarification if any misleading or misconstrued information is given,” he said.
As for the zero-penalty initiative, Koong described it as a good move as it will encourage more Malaysians to be tax-compliant.
If done properly, he said SVDP 2.0 would boost LHDN’s profile in the eyes of the public while also increasing the number of new taxpayers.
For full report: https://www.thestar.com.my/news/nation/2023/05/18/clear-the-air-on-zero-penalty-amnesty-say-tax-experts