A director of a company was fined for failing to submit the company’s corporate tax returns for YAs 2001 to 2014. He now faces 13 charges under s 77A(1) and s 112(1) of theIncome Tax Act 1967. The director pleaded guilty to the charges. The Court imposed a fine of RM1,500 for each charge for YAs 2001 to 2013 or failing that, imprisonment of three weeks for each charge and a fine of RM15,000 for the charge in YA 2014 or failing that, imprisonment of four months.
Source: IRB website, 25 October 2016