Country Heights Holdings Bhd (CHHB) is appealing against the Inland Revenue Board (IRB)’s decision regarding taxes of RM22,488,593.83 owed by one of its subsidiaries, Country Heights Sdn Bhd (CHSB).

The Shah Alam High Court has allowed the IRB’s application for summary judgment together with cost of RM2,500.00 as advertised by the IRB on 29 December 2016. CHHB said that the company has written to the current Minister of Finance to appeal against the IRB’s decision as the tax liabilities of CHSB were incurred during the Asian Financial Crisis in 1997 and 1998.

CHHB said the Group had settled tax liabilities of several subsidiaries to the IRB.

Source: New Straits Times Online, 29 December 2016