Aeon Credit Served With Notices Of Additional Assessment

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KUALA LUMPUR – Aeon Credit Service (M) Bhd was served with notices of additional assessment with penalties by the Director-General of Inland Revenue Board for RM96.81 million for year of assessment 2010 to 2016.

In a filing to Bursa Malaysia, Aeon Credit said the company has appointed tax solicitors and was initiating proceedings to challenge the validity and legality of the said notices of additional assessment.

The company had sought professional advice from an independent and reputable audit and tax firms on its accounting and tax treatment. – BERNAMA