Tag: IRB
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Understanding CP500 Tax Installment Notices: What Malaysian Taxpayers Need to Know
What CP500 Is and Why You Might Get One Tax season in Malaysia often brings a flurry of notices from the Inland Revenue Board (IRB), and the CP500 is among the most common. The CP500 Instalment Payment Notice is issued to taxpayers in stages, typically after information from the Income Tax Return Form (ITRF) submitted…
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What CP500 Tax Installment Notices Really Mean and How to Respond
Understanding CP500 Notices in Malaysia If you’ve recently received a CP500 installment notice from LHDN (Lembaga Hasil Dalam Negeri Malaysia), you’re not alone. In December 2025, taxpayers in Malaysia started receiving the Instalment Payment Notice (CP500) in stages. These notices are issued by the Inland Revenue Board (IRB) based on information reported in the Income…
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Understanding CP500 Tax Installment Notices: What Malaysians Need to Know
What is a CP500 Installment Notice? For Malaysian taxpayers, a CP500 installment notice from the Inland Revenue Board (IRB) signals a formal request to settle tax liabilities in installments. Often issued in batches in December, these notices are generated based on information reported in the Income Tax Return Form (ITRF). If you receive a CP500…
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High Court Dismisses Najib and Son’s Bid to Pause Bankruptcy Over RM1.69b and RM37.6m Tax Arrears
Background: Bankruptcy Proceedings Against Najib and Nazifuddin The High Court in Kuala Lumpur has rejected a bid by former Malaysian prime minister Datuk Seri Najib Razak and his son Datuk Mohd Nazifuddin to stay or halt bankruptcy proceedings initiated by the Inland Revenue Board (IRB). The lawsuits revolve around substantial tax arrears, including a claim…