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KUALA LUMPUR: The sales and service tax is coming back with more teeth. The reintroduction of OSH in September will not be simply a resumption of familiar laws. On the one hand, fraudsters will be subject to stiffer penalties, including heavier fines and longer jail time.
According to Bill 2018, anyone who avoids the tax or helps someone to not pay and 20 times the amount of sales tax. If he's convicted, he can also be jailed for up to five years, or worse, he can be sentenced to both sentences.
If he commits the offense again, the individual is liable to a fine of at least 20 times and no more than 40 times the amount of the tax of sale, or a term of imprisonment of up to seven years, or both.
However, subsection 86 (3) of the bill provides that if the amount of the sales tax can not be determined, the fines are more severe than those set out in the Sales Tax Act, 1972, which has been repealed to make way for a fine of RM 50,000 to RM 500,000 or imprisonment for up to seven years.
For example, under section 43A of the defunct statute, a person convicted of willful tax evasion or assisting anyone to escape the tax, was liable to A fine not exceeding RM 50,000, or up to three years imprisonment, or both.
This provision applied if the person provided false information, made false statements. There was also a lighter penalty, under section 44 of the Sales Tax Act of 1972, a fine of up to RM 5,000, up to 12 months of age. 39, imprisonment, or both, if a person has been found guilty of encouraging or aiding a tax evader.
The new SDT laws are also severe for those who knowingly help with the paperwork that leads to tax evasion.
According to the bill on sales tax, the offense to assist or advise in the preparation of tax returns resulting in the tax evasion of another person.
If he is found guilty, an individual is liable to a fine ranging from 2,000 to 20,000 RM or a maximum sentence of three years imprisonment.
However, the person may escape punishment if he is satisfied that the assistance or advice has been lavished with reasonable care.
It is also proposed that any person providing inaccurate information fine of RM50,000 or a prison sentence not more than three ye
A person who "obstructs, assails or hinders" a tax officer in the US the performance of his duties may be punishable by a fine of up to RM 100,000, which may be up to five years' imprisonment. The persons responsible for managing the affairs of a company (directors, managers compliance, partners, managers or secretaries) could also be liable to a fine of up to RM 30,000, a term of imprisonment not exceeding two years, or fines of up to two. he is convicted of offenses under the bill.
A similar set of penalties is also proposed under the bill on the service tax for those who evade this tax or commit other offenses. Apart from these two laws, the Goods and Services Tax Bill 2018 (Repeal), the Customs Bill 2018 (Amendment) and the Free Zones Bill (Amendment) The Deputy Minister Finance, Datuk Amiruddin Hamzah, also introduced the bill in 2018.
Bills pave the way for the abolition of the GST and the implementation of OHS on September 1. April 1, 2015 is one of the main promises of Pakatan Harapan's election manifesto.
Bills do not mention SST rates, but Putrajaya said it was planning to go ahead. introduce a 10% sales tax and a 6% service tax. ] The draft Customs Law (Amendment) is described as "primarily correlative" to the implementation of the OSH system. The main changes proposed concern the composition of the Customs Appeals Tribunal and its procedures.
Related story:
D-G Customs: People will soon have more money under SST
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