On 29 March 2019, the Inland Revenue Board of Malaysia (IRBM) published an amended version of Operational Guidelines No. 1/2018 on the implementation of the Special Program for Voluntary Disclosure ({News-2018-11-13/A/3-previous coverage}). The program itself is generally unchanged, although the penalty rates imposed after the program ends are increased.
This includes that taxpayers who fail to submit the Income Tax Return Form / Petroleum Return Form / Real Property Gains Tax Return Form …