Malaysian High Court quashes LHDN's RM313.8m tax demand against Naimah

A Malaysian High Court quashed LHDN’s RM313.8 million tax demand against Naimah, ruling the agency exceeded its powers under tax law. Judge Evawani Farisyta Mohammad said taxes apply only to local income and foreign income remitted to Malaysia; no evidence showed proceeds from US property sales entered Malaysia. Daim had already paid taxes on related 2018 transactions, making the notice double taxation. Naimah, widow of former finance minister Daim Zainuddin, said she has always been a responsible taxpayer and praised the ruling as proof courts check government abuse.