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Economist Advocates for GST Return to Boost Government Revenue

  • Economist argues that GST is better for Malaysia than SST due to higher revenue potential
  • SST has caused a 51.6% reduction in government tax revenue compared to GST
  • Implementation of GST could help avoid drastic targeting of RON95 petrol subsidies

Source: sinardaily.my

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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