Tax Talk: Special Voluntary Disclosure Programme II
ABOUT THE TALK
The Special Voluntary Disclosure Programme (“SVDP”) was announced in the latest Budget Announcement for the period from 3 November 2018 to 30 June 2019. Recently, this period has been extended until 30 Sep 2019.
This programme is for taxpayers that have undeclared income or misreported their income taxes to come forward to voluntarily declare the shortfalls at concessionary penalty rates given by the IRB depending on the date of voluntary disclosure. The SVDP covers several types of tax legislation.
1. Key information of the SVDP;
2. Who can / should participate in the SVDP;
3. How-to and steps taxpayers need to take to be eligible for the SVDP; and
4. When is the SVDP period?
O@s1s @ Baker Tilly Tower,
Level 1, Tower 1, Avenue 5, Bangsar South City,
59200 Kuala Lumpur, Malaysia.
25th April 2019, Thursday