Following the email by CTIM on issues relating to the Reinvestment Allowance Claim Form (Form EPS), the Inland Revenue Board (IRB) has announced the following:
With regard to claims for incentives, effective from 17 August 2012, the claimant company need not submit the Incentive Claim Forms to the Tax Policy Department at Head Office of IRB.
However, the claimant company must keep the original copy of the claim form, together with the supporting documents, for audit purposes.
If CTIM receives any further information/clarification from the IRB on the same matter, members will be informed accordingly.
Members may view the Announcement on Incentives Claim Form at www.hasil.gov.my