Najib, in a Facebook post, has reiterated that he was being wrongly persecuted, and claimed that he
Question:
Najib, in a Facebook post, has reiterated that he was being wrongly persecuted, and claimed that he was in discussion with the IRB on the tax issue, but that the negotiations came to a halt last week. "While as prime minister, I have always paid my income tax without fail. But this cruel tax of RM1.74 billion represents unreasonable additional assessment and penalty," he said. "Before this, the IRB has issued a statement that political donation is not tax deductible," he added.
REQUIRED:
Do you agree with the former prime minister’s remarks in his Facebook post which basically say that he should have never been asked to pay the additional tax assessments close to RM1.7 billion? Explain your stance.
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach