Govt seeking RM1.69 billion more in taxes from Najib
The government claimed that Najib’s failure to pay RM1.4 billion for the seven years which should had been done within 30 days from the date of assessment notice caused a 10 per cent additional payment. NSTP/Mohd Fadli Hamzah
By Khairah N. Karim - July 5, 2019 @ 6:20pm
KUALA LUMPUR: The government is seeking RM1.69 billion in additional tax assessments from former prime minister Datuk Seri Najib Razak that he allegedly owes the Inland Revenue Board (IRB) for the years 2011 to 2017.
The government filed the lawsuit through IRB at the High Court Registry, here, on June 25, naming Najib as the sole defendant.
In the statement of claim, the government stated that the IRB had mailed an additional tax assessment notice dated March 20 to Najib’s last known address, but received no reply.
According to the notice, the additional tax assessments were RM11,173,374.12, RM320,929,932.31, RM891,573,465.46, RM119,144,655.51, RM16,879,500.03, RM643,445.21 and RM346,471.41 respectively from the years 2011 to 2017.
The government claimed that Najib’s failure to pay RM1.4 billion for the seven years which should had been done within 30 days from the date of assessment notice caused a 10 per cent additional payment.
This is in line with Section 103 of the Income Tax Act 1967.
It contended that as Najib had still failed to settle the amount within 60 days in accordance to the Act, another compounded five per cent increase was imposed and added to the renewed sum.
The government said it had the right to recoup the income tax that was still owed along with the additional increases which the defendant had yet to pay.
Among others, the government is seeking a sum of RM1,692,872,924.83with interest of five per cent per annum from the day of judgement until the sum is fulfilled, costs, and other relief deemed fit by the court.
The case will be up for case management on July 8 before High Court deputy registrar Erry Shahriman Nor Aripin.
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