TAX QUESTIONS? YOU ASK LAH!

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Q: Will the Inland Revenue Board (IRB) check back the previous years’ accounts of an inactive company?

A: Yes, the IRB has the right to audit the accounts of a company within 5 years from the end of a financial year even if the company has become inactive.  


Wishing you plentiful tax savings!

Zen Chow

YYC Tax Guru

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