Najib's son Nazifuddin slapped with RM37.6 million tax suit
KUALA LUMPUR: The government is seeking RM37.6 million in unpaid taxes from former prime minister Datuk Seri Najib Razak's son, Datuk Mohd Nazifuddin Mohd Najib.
The government had filed the lawsuit through the Inland Revenue Board (IRB) at the High Court Registry, here.
According to the statement of claim, the IRB had handed over the tax assessment notice dated March 15 to Nazifuddin on March 18.
According to notice, the tax arrears were RM1, 541,850.83, RM5,718,486.42, RM5,437,086.08, RM3,775,133.23, RM1,796,494.18, RM2,271,812.79 and RM12, 052,046.26 from the years 2011 to 2017, respectively.
The government claimed that Nazifuddin's failure to pay the tax arrears, which should have been done within 30 days from the date of the assessment notice, caused a 10 per cent additional payment.
This is in line with Section 103 of the Income Tax Act 1967.
The government also contended that as Nazifuddin, 36, had still failed to settle the amount within 60 days in accordance to the Act, another compounded five per cent increase was imposed and added to the renewed sum.
The government said it had the right to recoup the income tax that was still owed along with the additional increases which the defendant had yet to pay.
Among others, the government is seeking a sum of RM37, 644,810.73 with interest of five per cent per annum from the day of judgement until the sum is fulfilled, costs, and other relief deemed fit by the court.
In June, a similar suit was filed against Najib to seek RM1.69 billion in additional tax assessments he allegedly owed IRB for the same years.
The matter has been set on Aug 30 for case management before High Court Deputy Registrar Nurliana Ismail.