Kuala lumpur: The Inland Revenue Board (IRB) has unveiled a new Filing Programme for documents specified under Section 22EB of the Labuan Business Activity Tax Act 1990 (LBATA 1990). This programme is set to be operational through the Malaysian Income Tax Reporting System (MITRS) starting from the Year of Assessment 2025.
According to BERNAMA News Agency, the IRB stated that taxpayers must submit a Return of Profits along with specific documents as determined by the Director-General of Inland Revenue. These documents include audited financial statements, zakat payment receipts if they are applicable, and a complete computation of any claimed incentives.
The IRB emphasized that submissions will only be accepted in either Malay or English. Documents in any other languages must be accompanied by an official translation to be considered valid. All required documents must be submitted via the MITRS application on the MyTax portal within 30 days following the due date for the Return of Profits submission.
Additionally, taxpayers have the option to appoint licensed tax agents as stipulated under Section 21C of LBATA 1990 to assist with these submissions. For any enquiries, individuals can reach out to the HASiL Contact Centre at 03-8911 1000, engage via HASiL Live Chat, or use the Feedback Form available on the official HASiL portal.