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Malaysia considering reintroducing consumption tax to boost finances, instead of cutting gasoline subsidies.

  • Malaysia is considering reintroducing a broad-based consumption tax
  • This is instead of implementing subsidy cuts for commonly-used gasoline
  • The government is looking to improve its finances

Source: news.bloombergtax.com

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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