Ops Titan Launched To Prevent Tax Non-compliance – IRB

KUALA LUMPUR, Aug 11 (Bernama) — The Inland Revenue Board (IRB) has launched a 10-day Tax Compliance Operation, codenamed Ops Titan, from today to strengthen enforcement against tax non-compliance.

According IRB statement today, Ops Titan was launched following the emergence of certain parties using aggressive tax planning to evade taxes in terms of transactions between related groups of companies.

“This manipulative approach undermines the foundation of fairness in the taxation system, and this issue must be addressed immediately.

“A total of 313 officers have been mobilised to audit 103 companies across various industries to ensure the success of this operation,” the statement said.

In the same statement, IRB chief executive officer Datuk Dr Abu Tariq Jamaluddin stressed that this enforcement is crucial to strengthen the integrity and fairness in the country’s tax system, while ensuring continued tax compliance for the prosperity and well-being of the people.

“Public confidence will grow when there is positive interaction between the IRB and taxpayers, which motivates IRB officers to carry out their duties with dedication and professionalism,” he also said.

For inquiries or feedback regarding Ops Titan, the public can contact the hotline at 03-8911 1000 or 603-8911 1000 (for overseas calls) or submit feedback via the official portal: https://maklumbalaspelanggan.hasil.gov.my/Public/.

— BERNAMA