[ad_1] KUALA LUMPUR: The government’s decision not to introduce new taxes, or increase existing ones, on the rich is to avoid having investments being pulled out of the country. Finance Minister Lim …
Read More »Corporate tax to stay at 24 percent
[ad_1] The government has given an assurance that it will not raise the corporate tax of 24 percent in the near future, despite being faced with a weak fiscal position, said Finance …
Read More »Sweetened beverages excise tax should be done in phases, says F&N – Business News
[ad_1] KUALA LUMPUR: The government’s decision to impose excise duty on sweetened beverages beginning April 1, 2019 is too early and should be done in phases, said Fraser and Neave Holdings Bhd …
Read More »F&N says 90% of product line to be affected by Malaysia’s sugar tax
[ad_1] KUALA LUMPUR (Nov 12): Fraser & Neave Holdings Bhd (F&N) expects 90% of its product line to be subjected to Malaysia’s proposed sugar tax on sweetened beverages. But the impact of …
Read More »5 pct sales tax a master stroke, says tax consultant – BorneoPost Online | Borneo , Malaysia, Sarawak Daily News
[ad_1] SIBU: Chairman of Sarawak United People’s Party (SUPP) Dudong, Wong Ching Yong, supports the imposition of five per cent sales tax on petroleum products, describing it as the master stroke by …
Read More »‘Petroleum products will be affected by proposed tax’ – Nation
[ad_1] KUCHING: The state government’s proposed 5% sales tax on petroleum products may adversely impact the competitiveness of these products in Sarawak, Economic Affairs Minister Datuk Seri Mohd Azmin Ali said. Any …
Read More »'GST a good tax ruined by poor implementation'
[ad_1] Mohd Hassan Ahmad. Editor's Note: An earlier version of this article is a misnomer. The remarks were made by Kenanga Investment Bank's head of Wan Suhaimi Wan Mohd Saidie. We regret …
Read More »MAH Sarawak wants a study on the proposed departure tax – BorneoPost Online | Borneo, Malaysia, Sarawak Daily News
[ad_1] MIRI: The Sarawak Section of the Hotel Association of Malaysia (MAH) wants the federal government to conduct a study on the proposed departure tax for outgoing travelers before deciding to implement …
Read More »Malaysia confirms imposition of digital tax on foreign suppliers and raises public outcry
[ad_1] The Malaysian Ministry of Finance (MOF) has announced that it will apply the foreign digital service tax from 1 January 2020. This tax, called the 2019 budget, will also include software, …
Read More »Sarawak to charge 5% sales tax on petroleum products from next year – Nation
[ad_1] KUCHING: Sarawak will impose a 5% sales tax of 5% on petroleum products starting next year as a new source of revenue to support the state’s development agenda. Chief Minister Datuk …
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