To improve the quality of services to clients, Inland Revenue Board of Malaysia (IRBM) released a press notice to inform that with effect from 1 January 2015, the Corporate Tax Department has been renamed to Large Taxpayer Branch (LTB) and will handle Large and High Profile Taxpayer files for the branches in Peninsular Malaysia, whereas the Large and High Profile Taxpayer files in Sabah and Sarawak will be handled by the respective Large Taxpayer Unit (LTU) set up in the Kota Kinabalu and Kuching Branch.
Other departments / divisions that also have been renamed are the Multinational Tax Department which now known as the Multinational Tax Branch (MTB) and the Petroleum Division now renamed to Petroleum Branch (PB).
The decentralization of taxpayer files between the Corporate Tax Department, Multinational Tax Department, Petroleum Division, and IRBM Branches will be implemented following some criteria.
Currently, income tax files for all categories of taxpayers at all branches of the Inland Revenue Board of Malaysia (IRBM) are handled by the branches based on the individual’s residential address or non-individual’s correspondence address without taking into account the size of the taxpayer’s income or turnover.
