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Fine-tuning Taxation: Malaysia's Continually Ongoing Process

Dr Veerinderjeet Singh, Senior Adviser on Tax Policy, KPMG

02-Apr-24 08:30

Fine-tuning Taxation: Malaysia's Continually Ongoing Process

The Finance Ministry has widened the scope of service tax exemptions to logistics service providers and maintenance services, just one month after the Sales & Service Tax rate rose from 6% to 8%. The intention is to mitigate rising costs on the rakyat. Dr Veerinderjeet Singh, Senior Adviser on Tax Policy at KPMG explains the impact of such a decision/indecision.

Image Credit: Shutterstock.com

Produced by: Moh Heng Ying

Presented by: Wong Shou Ning, Shazana Mokhtar, Keith Kam


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Categories:  Law/Activismeconomy

Tags:  logistics sectorsales and service tax





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