EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
Recent Searches
Increasing importance of tax corporate governance
Tax corporate governance (TCG) is becoming a critical component of corporate tax compliance and risk management, due to heightened scrutiny by tax authorities globally and within Malaysia on governance processes of taxpayers.
On 7 April 2025, the Inland Revenue Board of Malaysia (IRBM) issued updated versions (as at 13 March 2025) of the following:
- Tax Corporate Governance Framework (TCGF)
- Guidelines on TCGF (Guidelines)
- Frequently Asked Questions (FAQs) on TCGF and Guidelines
Forward-thinking companies are transforming tax into a strategic growth driver. Today, embedding tax governance into overall corporate and risk management strategies allows companies to thrive better in navigating the application of taxation in delivering business decisions.
The IRBM encourages companies to participate in its TCG program, reinforcing the importance of TCG in driving transparent and cooperative tax compliance in Malaysia.