Functions and Powers of the Board (IRB)

Functions of IRB:

1.) Act as an of the Malaysian Government and to provide services in administering, assessing, collecting and enforcing payment of taxes under the IRB.

2.) Advice the Malaysian Government on matters relating to taxation and to liaise with the appropriate Ministries and statutory bodies on such matters.

3.) Participate such other functions as are conferred on the Board by any other written law.

4.) Act as a collection agent for and on behalf of any body fir the recovery of loans due for repayment to that body under any written law.

5.) To participate in outside Malaysian in respect of matters relating to taxation.

Powers of the Board:

1.) To enter into contracts

2.) To utilize all property of the Board, movable and immovable, in such manner as the Board may think expedient including the raising of loans by mortgaging such property.

3.) To engage in any activity, either alone or in conjunction with other organisations or international agencies to promote better understanding of taxation.

4.) To provide technical advise or assistance, including training facilities to tax authorities of other countries.

5.) To impose fees or charges for services rendered by the Board.

6.) To grant loans to employees of the Board for any purpose specifically approved by the Board.

7.) To provide recreational facilities and promote recreational activities for and activities conductive to the welfare of employees of the Board.

8.) To provides training for employees of the Board and to award scholarships or otehrwise pay for such training.

9.) To do anything incidental to any of its powers.