BFM Podcast

Fine-tuning Taxation: Malaysia's Continually Ongoing Process

Tan KW
Publish date: Tue, 02 Apr 2024, 02:23 PM
Fine-tuning Taxation: Malaysia's Continually Ongoing Process

02-Apr-24 08:30

Dr Veerinderjeet Singh, Senior Adviser on Tax Policy, KPMG

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

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