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Voluntary tax disclosure also targets 'TikTokers', influencers - IRB

The Inland Revenue Board’s (IRB) Special Voluntary Disclosure Programme (SVDP) 2.0, which will run from June 1, 2023, to May 31, 2024, also targets “TikTokers” and social media influencers as individual taxpayers.

IRB chief executive officer Mohd Nizom Sairi said the SVDP 2.0 is the best opportunity for “Tiktokers” and influencers to come forward to be registered and report their taxable income through a voluntary disclosure in good faith with no penalty.

“We actually have a...

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