Meaning, irb will track ori source of donation all d way to foreign soil? Check if they hv paid up their taxes and all?

Hmmm, if u scrutinise the fluctuations in taxable amount, seems like they r in sync w the donations? Could it be irb treats his donations as income ? As head of state, he can’t be earning estimable salaries from elsewhere...

Quote:
According to the notice, Najib must pay
RM116,173,374.12 (for the year 2011);
RM320,929,932.31 (2012);
RM891,573,465.46 (2013);
RM119,144,655.51 (2014); RM16,879,500.03 (2015);
RM643,445.21 (2016) and
RM346,471.41 (2017).

How to prove money is donation? And it’s up to IRB to decide what’s acceptable, what’s not? What if out of the blue Bill Gates decide to pump $$$ into your personal account, simply becos he takes a liking to you. What criteria IRB will use to determine if you can/ x accept the money fr such wealthy strangeR?

Wonder if an ultra wealthy man b allowed to pay off the hefty taxes for him? I dun c how Jib will b able to pay off any amt when his ac is frozen n all...

But he say he always pay his taxes

The story mory is like this....

Based on SPRM (MACC) findings in 2016, the money was a voluntary donation from saudi..thus based on that fact LHDN didn't tax the money received as it does not fall under Sec 4 ACP 1967.

But now under PH, SPRM said there was no proof that the money was a donation from saudi prince..so based on the new fact, the money was treated as unreported income and therefore taxable

Sekian.

This post has been edited by gogocan: Jul 5 2019, 11:54 PM

cai tanya soalan yang dia dah tau kenapa... pura pura buat bodoh nak cuba spin

You got a point there.
But
It flows into personal account, and Najib has spent all(distribute to his cronies).
Tax is one case, songlap is one case, donation is one case. LHDN/IRB has their stand.

No. Irb only will check donation.. n determine if that donation is taxable. If yes then tax.

Then if corruption case or misuse relevant department like macc or police will act on it.

The thing is about 1MDB what Najib and Jho Low do to launder the money using a legal way and that's why people in *cough* s *cough* c investigate and still can't sumbat him with 1MDB case. It's a very complex scenario and exploit the law to the max

can a PM earned so much and get taxed billions?

ayam donating money to mcd and mcd is donating me bigmac. therefore, no sst 6%.

Zahid is proof. he saw it with his own eyes.

Wow...lhdn for the win...

As usual, ph main fitnah again.

Mp carreer good bye.

but he forgot to ask donuts came from 1mdb or not...

Saya sudah bertemu wakil keluarga penderma RM2.6 b
22 Aug 2015
https://forum.lowyat.net/topic/3688313

Elak bayar cukai: Jangan jadi pengkhianat negara
23 Nov 2013 SoS

PM: Paying Taxes Is A Civic And Moral Responsibility
Bayar cukai satu tanggungjawab - Najib
2 Mar 2017
https://forum.lowyat.net/topic/4211234
https://forum.lowyat.net/topic/4211493

For our general knowledge ya....

What Happens When A Person Is Declared Bankrupt?
https://www.comparehero.my/debt-management/...ruptcy-malaysia
Being declared a bankrupt means an individual will have plenty of restrictions imposed upon them. Below are what will happen once a person is declared bankrupt:

Appointed A DGI
Once declared a bankrupt, a person will be assigned to the Director General of Insolvency (DGI). The DGI will administer all of the individual’s assets and manage it to repay the outstanding debts. So once declared bankrupt, a person’s assets will all be put under the administration of the DGI.

Travel Ban
An individual who has been declared bankrupt will be unable to travel out of the country without written permission from the DGI or before obtaining a court order which allows the individual to travel overseas.

Limited Credit Line
Existing bank accounts will be deactivated and a bankrupt will be barred from withdrawing any money from their existing account. Aside from that, a bankrupt is not allowed to spend more than RM1,000 on their credit card or obtain credit more than RM1,000 from any creditor.

Assets Taken Away
Once declared a bankrupt, all of the assets of the individual will be managed by the DGI. So for example an individual’s house and cars will be taken over by the DGI who will then manage it by reselling it to repay outstanding debts.

Employment Restricted
A bankrupt will not be able to work in certain professions which have restrictions imposed by their professional associations or licensing authorities. Examples of the profession a bankrupt cannot be employed as are:

Lawyer
Quantity Surveyor
Accountant
Doctor

Aside from that, once declared bankrupt an individual may not act as a director of a company. A bankrupt is also not allowed to own a business or be part of a business ownership, so no entrepreneurship is allowed once an individual has been declared a bankrupt.