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KUALA LUMPUR (Bernama): Former Minister of Federal Territories Datuk Seri Tengku Adnan Tengku Mansor agreed to pay income tax arrears in the amount of RM40,358,336.61 to the Inland Revenue Board (LHDN) after both parties agreed to resolve the matter of amicably in Superior Court here September 23.
The IRB sued Tengku Adnan for unpaid taxes with an increase of 10% for a total of RM57,167,069.35.
According to the draft consent order obtained by the media through the judicial search system, the Malaysian government through the IRB agreed to amend the additional evaluation notices of Tengku Adnan as a defendant for the evaluation years 2012 to 2017, all dated March 15, 2019.
“Therefore, the additional amended fees to be paid by the defendant for 2012 amounted to RM53,872; 2013 (RM4,182,392.03); 2014 (RM6,285,357.26); 2015 (RM6,537,624.73); 2016 (RM3,524,071.10) and 2017 (RM19,775,019.49) ”, said the draft of the order.
“The amended additional tax amounted to RM40,358,336.61 including penalties as part of the total tax assessment and is considered as a compound assessment under Section 96A of the Income Tax Act of 1967,” he said.
The agreement also established that both parties will discuss within 45 days from the date of the consent agreement (September 23) on the mode of payment.
“If the parties do not reach an agreement on the mode of payment, this agreement will be paid before December 31, 2020.
“The plaintiff (government of Malaysia) and Tengku Adnan hereby withdraw all interlocutory requests filed under these civil proceedings and there will be no order on costs,” according to the agreement.
The Malaysian Government through LHDN filed the lawsuit on July 24 last year against Tengku Adnan for allegedly owing income taxes for the assessment years 2012 to 2017, as indicated in the Notice of Assessment of March 15, 2019.
IRB in its lawsuit claimed that the Putrajaya deputy had failed to pay the income tax owed with an increase of 10%, totaling RM57,167,069.35.
The sum comprised 64,444.38 RM (2012); 6,614,861.59 RM (2013); 8,887,576.69 RM (2014); 9,198,523.67 RM (2015); RM 5,520,818.05 (2016); and 26,880,844.97 RM (2017).
As such, the plaintiff had demanded from the defendant a total of RM57,167,069.35, with interest on the total sum at 5% per annum from the date of the trial to the date of completion, as well as costs and other repairs deemed appropriate by the court. . – Bernama
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