Fine-tuning Taxation: Malaysia's Continually Ongoing Process
Dr Veerinderjeet Singh, Senior Adviser on Tax Policy, KPMG
02-Apr-24 08:30
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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/Activism, economy
Tags: logistics sector, sales and service tax,