Malaysia Tax Agency Announces Monthly Tax Deduction System Change, Data Submission, Payment Deadline

The Malaysian Inland Revenue Board Jan. 8 issued a notice announcing a new system for monthly tax deduction (PCB) data submissions and payments, and the Jan. 15 data submission and payment deadline. The announcement includes that: 1) e-PCB Plus is replacing the e-PCB, e-Data PCB, and e-CP39 systems on the MyTax portal; 2) employers should complete all PCB data submissions and payments for the current or previous year on or before Jan. 15, and promptly register for the new systems; 3) from Jan. 15, the existing PCB system will be disabled, except to permit employers to view past records; and ...