Malaysia Cracks Down on Crypto Tax Evasion: Significant Undeclared Bitcoin Trading Uncovered

Malaysian authorities intensify efforts against cryptocurrency tax evasion. A collaborative operation between Inland Revenue Board and law enforcement reveals substantial undeclared crypto transactions. IRB cautions crypto traders to declare their earnings to sidestep legal repercussions. Malaysian officials pursue unrevealed cryptocurrency profits in nationwide tax enforcement. Heightened Scrutiny on Undeclared Crypto Earnings Amid increasing concerns about

Source: CoinOtag