- 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.
Latest Posts in "Malaysia"
- Malaysia Drops High-Value Goods Tax, Applies Higher Sales Tax to Luxury Items
- Malaysia Clarifies Sales Tax Refund Procedures for Manufacturers’ Machinery and Equipment Purchases
- Malaysia Updates Indirect Tax Forms Requiring More Detailed SST-02 Return Reporting
- Malaysia 2026 Budget: Tax Exemption Extensions, New LLP Tax, Carbon Tax Introduction
- Malaysia Introduces Sales Tax Exemption for ASEAN Cross-Border Goods Transport Vehicles
