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The IRB will be keeping a close watch on those who claim to have made their fortune from MLM schemes.

Jun 13, 2017

IRB will be keepin a close watch on those who claim to have made their fortune from MLM schemes.

This is to ensure that no one escapes paying their taxes. 

The IRB will be keeping a close watch on those who claim to have made their fortune from multi-level marketing schemes and online businesses, to ensure that no one escapes paying their taxes. 

It says it has a special unit, that will monitor the media for reports about businesses or individuals who claim to have made millions off these schemes.

The IRB is also confident of collecting some 127 BILLION ringgit in taxes this year, up by 13 billion ringgit compared to last year.  

Picture credit:@LHDNM