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Malaysia Implementing New System for Electronic Payment of Tax

|Approved Changes|Malaysia
Malaysia

The Inland Revenue Board of Malaysia has issued a media release announcing the introduction of a new electronic tax payment system on 1 April 2022.

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IMPLEMENTATION OF e-TT SYSTEM FOR TELEGRAPHIC TRANSFER (TT) / ELECTRONIC FUNDS TRANSFER (EFT) AND INTERBANK GIRO (IBG) PAYMENT METHODS

1. The Inland Revenue Board of Malaysia (HASiL) wishes to inform that starting 1st April 2022, a new e-Telegraphic Transfer (e-TT) System will be introduced for the payment of Income Tax, Petroleum (Income …

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