Notification of The Demise of Taxpayer

Pursuant to the amendment of Section 74(3) of Income Tax Act 1967 and Section 14(4) of Real Property Gains Tax Act 1976, as introduced by the Finance Act 2011 (Act 719), the Inland Revenue Board has issued a prescribed Form CP57 (Notification of the Demise of Taxpayer). With effect from 27 January 2011, assessments and additional assessments must be issued by the Inland Revenue Board (IRB) within 3 years after the end of the year of assessment in which the Director General of Inland Revenue is informed in writing by the executor of the death of a taxpayer using the Form CP57. The Form is be submitted to the IRB Branch where the taxpayer’s income tax returns are filed.

Members may view the Form CP57 at the website of the Institute or at IRB’s website at http://www.hasil.gov.my/pdf/pdfborang/Borang_CP57_1.pdf