DUTIES AND RESPONSIBILITIES OF TAX AGENT

 (a) The conduct of a tax agent is governed by the Code of Ethics for Tax Agents issued by IRB which is based on principles of integrity, accountability, transparency and efficiency and as prescribed under S. 153 of the ITA;.

 (b) A tax agent is expected to carry out his duties in the following manner:

 • Professional and fully conversant with tax laws and practices;

 • Act with integrity, be honest, trustworthy and transparent, and fully cooperate with the taxpayer and IRB;
 • Give the best advice to the taxpayer and inform the taxpayer of his responsibilities under the tax laws;
 • Give accurate feedback on the progress of the investigation and advise the taxpayer based on the true facts of the case;
 • Safeguard the confidentiality of all information and ensure that information is not disclosed to any unauthorised party; and

 • Notify the IRB immediately upon cessation as tax agent to the taxpayer.

(c) The tax agent is prohibited from:
• Using information obtained in his position as a tax agent for personal advantage;

 • Delaying the investigation process or failing to perform his responsibility; and

• Giving any gift or payment which may be construed as a bribe to the officer


SOURCE:MIA, BUDGET BOOKLET