Commencement of amendments to the Income Tax Act 1967
s 3
(1) Sections 4, 6, 7, 8 and 9 come into operation on 1 January 2025. (2) Section 5 has effect for the year of assessment 2025 and subsequent years of assessment.
Measures for the Collection, Administration and Enforcement of Tax Act 2024 Part II — AMENDMENTS TO THE INCOME TAX ACT 1967
Amendment of section 66a
s 4
The Income Tax Act 1967, which is referred to as the “principal Act” in this Part, is amended by inserting after subsection 66a(3) the following subsections: “(4) The tax identification number referred to in subsection (1) which has been assigned under this section and made accessible by the Director General to any person shall not be construed as classified material defined in subsection 138(5). (5) Where for any year of assessment a tax identification number is made accessible by the Director General to any person, the Director General shall not be liable for any loss or damage suffered by any person due to any error or omission arising in the service of providing access to the tax identification number, provided that the error or omission was made in good faith and in the ordinary course of the discharge of the duties of the Director General or occurred or arose as a result of any defect or breakdown in the service or in the equipment used for the provision of the service. (6) A person who, for any reason, has access to a tax identification number of any other person shall not use or cause or allow to be used the tax identification number for any purpose other than for the purposes of this Act. (7) Any person who contravenes subsection (6), shall be guilty of an offence and shall, on conviction, be liable to a fine not exceeding four thousand ringgit or to imprisonment for a term not exceeding one year or to both.”.
Amendment of section 77b
s 5
Subsection 77 b (1 a ) of the principal Act is amended by substituting for the words “a person who is a company, limited liability partnership, trust body and co-operative society” the words “the person referred to in subsection (1)”.
Amendment of section 82c
s 6
Subsection 82c(8) of the principal Act is amended by substituting for the words “three days from the date” the words “seventy-two hours from the time”.
Amendment of section 113a
s 7
Section 113a of the principal Act is amended— (a) by renumbering the existing section as subsection (1); and (b) by inserting after the renumbered subsection (1) the following subsection: “(2) Where a person— (a) makes an incorrect return, information return or report by omitting the information required to be provided in accordance with any rules made under paragraph 154(1)(c) to implement or facilitate the operation of an arrangement having effect under sections 132, 132 a and 132 b , where such arrangement relates to the automatic exchange of information or the furnishing of a country-by-country report, on behalf of himself or another person; or (b) gives any incorrect information in relation to any information required to be provided in accordance with any rules made under paragraph 154(1)(c) to implement or facilitate the operation of an arrangement having effect under sections 132, 132 a and 132 b , where such arrangement relates to the automatic exchange of information or the furnishing of a country-by-country report, on behalf of himself or another person, then, if no prosecution under subsection (1) has been instituted in respect of the incorrect return, information return or report, or incorrect information, the Director General may by notice in writing require that person to pay a penalty of not less than twenty thousand ringgit and not more than one hundred thousand ringgit and, if that person pays that penalty, or where the penalty is abated or remitted under subsection 124(3), so much, if any, of the penalty as has not been abated or remitted, he shall not be liable to be charged on the same facts with an offence under subsection (1).”.
Amendment of section 125
s 8
Subsection 125(2) of the principal Act is amended by substituting for the words “or 113(2)” the words “, 113(2), 113a(2) or 113b(4)”.
Amendment of Schedule 5
s 9
Paragraph 12 of Schedule 5 to the principal Act is amended by substituting for the proviso the following proviso: “Provided that the appellant shall give a written notice to the Special Commissioners and the Director General within a period of six months from the date the appellant receives a written notice from the Director General under subsection 102(1).”.
Back to Measures for the Collection, Administration and Enforcement of Tax Act 2024 — full text
Provisions on this page are reproduced verbatim from official open data. See the attribution line.
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).
What to look at next
Measures for the Collection, Administration and Enforcement of Tax Act 2024, full textChapter navigation and full text, so you can read this section in contextMalaysia legislationMalaysia Acts by type and yearGrouped by instrument type and year of enactment, so you can find others of the same kindBrowse by type and yearMalaysia: what this database coversWhich datasets are here, which official source they come from, and how current they areMalaysia overview