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Victims of AI-driven investment scams face a second financial catastrophe when tax authorities bill them for stolen retirement funds. A new bill seeks to close this cruel loophole.
The High Court will decide on November 16 whether Mukhriz Mahathir's challenge to RM5 million in additional tax assessments from LHDN is valid, with the former prime minister's son arguing the revenue authority exceeded its legal timeframe.
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Tan Sri Shafee Abdullah has challenged the Inland Revenue Board's enforcement approach in the Court of Appeal, contending that Najib's tax dispute cannot proceed fairly if the authority insists on immediate payment before legal resolution.