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Where do taxes go: The role of transparency in compliance

Focus Malaysia LogoFocus Malaysia13h ago

Where do taxes go: The role of transparency in compliance - Focus Malaysia

Quick Summary:

According to LHDN, there were RM6.34 bil lost to tax evasion in 2024, with over 170,000 international travel restrictions on Malaysian individuals due to outstanding income tax arrears.

The post Where do taxes go: The role of transparency in compliance first appeared on Focus Malaysia.

Effective communication of financial reports and government spending initiatives can mitigate negative perceptions and reinforce confidence in the system.

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Article Details

Author / Journalist: Suria Zainuddin

Category: InvestingMarketsBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-19 @ 11:03:02 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: focusmalaysia.my

Language: English

Article Length: 724 words

Reading Time: 5 minutes read

Sentences: 38 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Focus Malaysia

News ID: 27171961

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About Focus Malaysia

Focus Malaysia Logo

Main Topics: InvestingMarketsBusiness

Official Website: focusmalaysia.my

Update Frequency: 13 posts per day

Year Established: 2012

Headquarters: Malaysia

News Last Updated: 23 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #16

Publisher Details

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The story "Where do taxes go: The role of transparency in compliance" has 724 words across 38 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Which news outlet covered this story?

The story "Where do taxes go: The role of transparency in compliance" was covered 13 hours ago by Focus Malaysia, a news publisher based in Malaysia.

How trustworthy is 'Focus Malaysia' news outlet?

Focus Malaysia is a fully independent (privately-owned) news outlet established in 2012 that covers mostly investing, markets, and business news.

The outlet is headquartered in Malaysia and publishes an average of 13 news stories per day.

It's most recent story was published 23 hours ago.

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  • News ID: #27171961
  • URL: https://beamstart.com/news/where-do-taxes-go-the-17423836025298

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