Updates on the FAQ issued by IRB on Tax Matters during the Movement Control Order(27 Mar 2020)
Kuala Lumpur, 27th March 2020 – Due to the extension of the Movement Control Order to 14 April 2020, the Inland Revenue Board (IRB) has updated their Frequently Asked Questions (FAQ) [click here] on 26 March 2020 and the updated FAQ covers the period from 18 March 2020 until 14 April 2020.
We would like to highlight the following significant points from the above FAQ :-
1. All IRB premises (including e-Filing counters) nationwide will be closed from 18 March 2020 to 14 April 2020;
2. Extension of time will be given until 30 April 2020 for submission of the tax audit/investigation documentation during the MCO period;
3. Extension of time will be given until 30 April 2020 if taxpayers are required to provide feedback to the IRB’s letters within the period of 18 March 2020 until 29 April 2020;
4. Donation to the Covid-19 Fund is tax-deductible. Please refer to the IRB’s Press Release dated 26 March 2020 for further information [click here];
5.Taxpayers can refer to the links as provided in the FAQ if they wish to apply for e-Filing PIN number and tax registration number. Also, e-Filing password can be reset at ezHasil;
6. Extension of time will be given for the submission of certain return forms (please refer to our tax bulletin sent on 18 March 2020), Form CP58 (until 30 April 2020), Form Q (until 30 April 2020), Country-by-Country Reporting (CbCR) (until 15 May 2020) and Forms CP21, CP22, CP22A or CP22B (from 15 April 2020);
7. Extension of time will be given until 30 April 2020 for submission of the Form CP204B during the period of 18 March 2020 to 29 April 2020.
8. Extension of time is granted up to 30 April 2020 for Forms CP204 payments which falls during the MCO period as well as CP204A revisions (i.e. 6th and 9th month) which should be submitted by 31 March 2020;
9. The first instalment payment of the CP500 notice of instalment payment due on 31 March 2020 is extended to 30 April 2020;
10. Application and submission of tax estimate revision (CP204A) in the 3rd month and the deferment of instalment payment as announced under the Economic Stimulus Package is extended to 30 April 2020;
11. Payment of withholding tax with due dates falling during the period 18 March 2020 to 14 April 2020 can be made beginning from 15 April 2020 until 30 April 2020 with no late payment penalty imposed. Taxpayers may make payment through telegraphic transfer (TT);
12. For the submission of RPGT return forms and RPGT payments with due dates falling during the period 18 March 2020 to 30 April 2020, the deadline for filing and payment is 30 April 2020;
13. The final section (i.e. Section F) in the FAQ provides further clarification in relation to Stamp Duty
We would like to highlight the following significant points from the above FAQ :-
1. All IRB premises (including e-Filing counters) nationwide will be closed from 18 March 2020 to 14 April 2020;
2. Extension of time will be given until 30 April 2020 for submission of the tax audit/investigation documentation during the MCO period;
3. Extension of time will be given until 30 April 2020 if taxpayers are required to provide feedback to the IRB’s letters within the period of 18 March 2020 until 29 April 2020;
4. Donation to the Covid-19 Fund is tax-deductible. Please refer to the IRB’s Press Release dated 26 March 2020 for further information [click here];
5.Taxpayers can refer to the links as provided in the FAQ if they wish to apply for e-Filing PIN number and tax registration number. Also, e-Filing password can be reset at ezHasil;
6. Extension of time will be given for the submission of certain return forms (please refer to our tax bulletin sent on 18 March 2020), Form CP58 (until 30 April 2020), Form Q (until 30 April 2020), Country-by-Country Reporting (CbCR) (until 15 May 2020) and Forms CP21, CP22, CP22A or CP22B (from 15 April 2020);
7. Extension of time will be given until 30 April 2020 for submission of the Form CP204B during the period of 18 March 2020 to 29 April 2020.
8. Extension of time is granted up to 30 April 2020 for Forms CP204 payments which falls during the MCO period as well as CP204A revisions (i.e. 6th and 9th month) which should be submitted by 31 March 2020;
9. The first instalment payment of the CP500 notice of instalment payment due on 31 March 2020 is extended to 30 April 2020;
10. Application and submission of tax estimate revision (CP204A) in the 3rd month and the deferment of instalment payment as announced under the Economic Stimulus Package is extended to 30 April 2020;
11. Payment of withholding tax with due dates falling during the period 18 March 2020 to 14 April 2020 can be made beginning from 15 April 2020 until 30 April 2020 with no late payment penalty imposed. Taxpayers may make payment through telegraphic transfer (TT);
12. For the submission of RPGT return forms and RPGT payments with due dates falling during the period 18 March 2020 to 30 April 2020, the deadline for filing and payment is 30 April 2020;
13. The final section (i.e. Section F) in the FAQ provides further clarification in relation to Stamp Duty
For any enquiries or assistance, please contact any of the following in this office:
Mr Anand Chelliah
Managing Partner
Tax Services Asia Pacific Tax Leader
DL: +6 (0)3 2297 1093
anand.chelliah@bakertilly.my
Managing Partner
Tax Services Asia Pacific Tax Leader
DL: +6 (0)3 2297 1093
anand.chelliah@bakertilly.my
Mr Marcus Tan
Executive Director (Corporate Tax & Tax Incentive), Tax Services
DL: +6 (0)3 2297 1521
marcus.tan@bakertilly.my
Executive Director (Corporate Tax & Tax Incentive), Tax Services
DL: +6 (0)3 2297 1521
marcus.tan@bakertilly.my
Mr Yohan Francis
Executive Director (Transfer Pricing), Tax Services
DL: +6 (0)3 2297 1096
yohan.xavier@bakertilly.my
Executive Director (Transfer Pricing), Tax Services
DL: +6 (0)3 2297 1096
yohan.xavier@bakertilly.my
Mr Murugan Anbanantham
Director (Technical), Tax Services
DL: +6 (0)3 2297 1004
murugan.anbanantham@bakertilly.my
Director (Technical), Tax Services
DL: +6 (0)3 2297 1004
murugan.anbanantham@bakertilly.my
Ms Tay Siew Chu
Associate Director (Corporate Tax & Personal Tax), Tax Services
DL: +6 (0)3 2297 1139
siewchu.tay@bakertilly.my
Associate Director (Corporate Tax & Personal Tax), Tax Services
DL: +6 (0)3 2297 1139
siewchu.tay@bakertilly.my
Ms Sandra Saw
Associate Director (Corporate Tax & Sales Tax & Service Tax), Tax Services
DL: +6 (0)3 2297 1146
sandra.saw@bakertilly.my
Associate Director (Corporate Tax & Sales Tax & Service Tax), Tax Services
DL: +6 (0)3 2297 1146
sandra.saw@bakertilly.my
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