Saturday, September 8, 2018

CENSOF'S UNIT ANNOUNCES GO-LIVE IMPLEMENTATION OF HIDEF CRS

KUALA LUMPUR, Sept 7 (Bernama) – Century Software (M) Sdn Bhd, a wholly-owned subsidiary of Censof Holdings Berhad (Censof), announced that the Inland Revenue Board (IRB) portal called HASiL International Data Exchange Facility (HiDEF) Common Reporting Standard (CRS) is now live.
The CRS is an internationally-agreed single global standard for the collection, reporting and exchange of financial accounting information on non-residents.

Censof group managing director, Ameer Shaik Mydin, said demands for more standardised levels of tax reporting compliance at the international level have been increasing over the last decade. A key aspect of that co-operation is exchange of information.

“We’re excited to reach another milestone in our partnership with IRB. It has been a pleasure working closely with IRB, finding ways to bring the best tax compliance solutions to its customers.”

For more information, visit www.censof.com
-- BERNAMA

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