The Lembaga Hasil Dalam Negeri Malaysia (LHDN) is confident of achieving the tax collection target of RM130 billion set by the Malaysia government this year based on the current economic situation. Its chief executive officer, Tan Sri Dr Mohd Shukor Mahfar said.

He told reporters after attending the 17th Hasil Day celebration and the launch of Hasil 4U here today.  The Hasil 4U was officiated by the Finance Minister II, Datuk Seri Ahmad Husni Hanadzlah.  Also in attendance was Deputy Finance Minister Datuk Donald Lim Siang Chai.

“In order to achieve the target, LHDN would formulate new strategies, including to identify the industries with tax leakages.” The CEO of LHDN said tax leakages occurred for various reasons, including the lack of awareness among tax payers and misinterpretation of the relevant tax laws.