Tax professionals' views on self assessment system

Malaysia has adopted an Official Assessment System (OAS) whereby taxpayers were assessed by the tax authorities based on the tax returns filled by them. The Malaysian Government has introduced a Self Assessment System (SAS) in stages commencing with companies from 2001. This new strategy require ta...

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Main Authors: Kasipillai, Jeyapalan, Mohd Hanefah, Mustafa
Format: Article
Language:English
Published: Universiti Utara Malaysia 2000
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Online Access:http://repo.uum.edu.my/134/1/Jeyapalan_Kasipillai.pdf
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spelling my.uum.repo.1342010-07-05T02:37:01Z http://repo.uum.edu.my/134/ Tax professionals' views on self assessment system Kasipillai, Jeyapalan Mohd Hanefah, Mustafa HJ Public Finance Malaysia has adopted an Official Assessment System (OAS) whereby taxpayers were assessed by the tax authorities based on the tax returns filled by them. The Malaysian Government has introduced a Self Assessment System (SAS) in stages commencing with companies from 2001. This new strategy require taxpayers to take more responsibility for getting their tax returns correct, since the information which they furnish in their returns will be accepted at face value by the Inland Revenue Board (IRB). The IRB, however, will audit some cases at random and if it has inaccurate information, the taxpayers concerned will be liable for prosecution.This survey focuses on the role of tax professionals under SAS. The findings of the survey reports on tax professionals' views and level of preparation towards the implementation of SAS in Malaysia. The findings also report on problems faced by tax professionals under the existing official assessment tax system and seek to ascertain tax professionals' perception towards the introduction of the new assessment system. Finally, the data provides some input on the preparatory measures to be undertaken by the IRB to facilitate tax practitioners' role in enhancing tax compliance under the new assessment system. Universiti Utara Malaysia 2000 Article PeerReviewed application/pdf en http://repo.uum.edu.my/134/1/Jeyapalan_Kasipillai.pdf Kasipillai, Jeyapalan and Mohd Hanefah, Mustafa (2000) Tax professionals' views on self assessment system. Analisis, 7 (1&2). pp. 107-122. ISSN 0127-8983 http://ijms.uum.edu.my
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
language English
topic HJ Public Finance
spellingShingle HJ Public Finance
Kasipillai, Jeyapalan
Mohd Hanefah, Mustafa
Tax professionals' views on self assessment system
description Malaysia has adopted an Official Assessment System (OAS) whereby taxpayers were assessed by the tax authorities based on the tax returns filled by them. The Malaysian Government has introduced a Self Assessment System (SAS) in stages commencing with companies from 2001. This new strategy require taxpayers to take more responsibility for getting their tax returns correct, since the information which they furnish in their returns will be accepted at face value by the Inland Revenue Board (IRB). The IRB, however, will audit some cases at random and if it has inaccurate information, the taxpayers concerned will be liable for prosecution.This survey focuses on the role of tax professionals under SAS. The findings of the survey reports on tax professionals' views and level of preparation towards the implementation of SAS in Malaysia. The findings also report on problems faced by tax professionals under the existing official assessment tax system and seek to ascertain tax professionals' perception towards the introduction of the new assessment system. Finally, the data provides some input on the preparatory measures to be undertaken by the IRB to facilitate tax practitioners' role in enhancing tax compliance under the new assessment system.
format Article
author Kasipillai, Jeyapalan
Mohd Hanefah, Mustafa
author_facet Kasipillai, Jeyapalan
Mohd Hanefah, Mustafa
author_sort Kasipillai, Jeyapalan
title Tax professionals' views on self assessment system
title_short Tax professionals' views on self assessment system
title_full Tax professionals' views on self assessment system
title_fullStr Tax professionals' views on self assessment system
title_full_unstemmed Tax professionals' views on self assessment system
title_sort tax professionals' views on self assessment system
publisher Universiti Utara Malaysia
publishDate 2000
url http://repo.uum.edu.my/134/1/Jeyapalan_Kasipillai.pdf
http://repo.uum.edu.my/134/
http://ijms.uum.edu.my
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score 12.913726