A report came out stating that the controversial GISB did not pay taxes for a few years. The Royal Malaysia Police (PDRM) found that GISB Holdings Sdn Bhd (GISBH) has never paid business-related taxes. This aligns with the Income Tax Act 1967. Additionally, 24 individuals, including GISBH’s CEO, had their remand extended for further investigation.
Netizens Asking Why Was GISB Allegedly Able to Evade Taxes
A netizen questioned how a company that size was able to evade paying their taxes for years. Others add that if it was a small business owner, or a private individual, they might receive letters or calls from the tax man in order to pay their outstanding balance.
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