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Gadgets: Crypto Tax Evaders in Malaysia See Clampdown, Get Warning From Authorities

Started by dave, July 15, 2024, 07:00:37 AM

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Crypto Tax Evaders in Malaysia See Clampdown, Get Warning From Authorities

The Malaysian federal agency Inland Revenue Board (IRB) reportedly conducted raids at multiple locations having identified firms that were not said to not be reporting their crypto-related engagements. The authorities in the country are trying to curb cases of tax evasion overall.

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