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Along With Taxes and Death, Add 'Deficits' to Life's New Norms

Along With Taxes and Death, Add 'Deficits' to Life's New Norms

Morning Brief

June 23, 202011m 7s

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Show Notes

Less than two of every ten Malaysians are taxpayers, while Covid-19 has savaged corporate taxes.

With a tax-collection shortfall that's been exacerbated by record-low oil prices in an energy-exporting nation, the government has a looming policy and fiscal time bomb on its hands.

Veerinderjeet Singh, Chairman, Tricor Malaysia and President, Malaysian Institute of Certified Public Accountants, explores these and other related issues.

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Topics

Government/Regulatory/Policy MakingEconomyMarketsPoliticsNewsCurrent AffairstaxCovid-19income taxMalaysiaGSTPenjana