Malaysia
Failure to declare revenue: Company director receives fine, penalty of over RM900,000 in Tawau 
Chu Chen Yiap, a director of Indah Dutamas Sdn Bhd (IDSB) failed to submit a statement in Form C to the Inland Revenue Board (IRB) for the assessment years 2017, 2018, and 2021 for a taxable revenue of RM1,628,090 for which the tax due was RM299,885.88. — Reuters pic

TAWAU, Nov 23 — The director of an oil palm fruit transport company here was fined RM10,000 and subjected to a special penalty of RM899,657.64 by the Magistrates Court here today for the failure to declare the company’s revenue for three years.

Magistrate Dayang Aidaku Amira Aminuddin meted out the sentence to Chu Chen Yiap, 38, after he pleaded guilty to the charge when it was read out to him.

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Chu, a director of Indah Dutamas Sdn Bhd (IDSB) failed to submit a statement in Form C to the Inland Revenue Board (IRB) for the assessment years 2017, 2018, and 2021 for a taxable revenue of RM1,628,090 for which the tax due was RM299,885.88.

He was charged under Section 112(1A) of the Income Tax Act 1967, which carries a fine of between RM1,000 and RM20,000, or maximum imprisonment of six months, or both, and a special penalty of three times the tax owed.

Dayang Aidaku ordered Chu to three months in prison if he failed to pay the fine, however, he settled the fine.

She also ordered him to pay the special penalty to IRB and submit the income tax declaration Form C within 30 days from today.

IRB prosecuting officers Mohd Arif Hermansah and Mohd Kamarulzaman Mohd Nor appeared for the prosecution, while Chu was unrepresented. — Bernama

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