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Fine-tuning Taxation: Malaysia's Continually Ongoing Process

Fine-tuning Taxation: Malaysia's Continually Ongoing Process

Morning Brief

April 1, 202412m 15s

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Show Notes

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.

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