GST could be set for a return in Malaysia just five years after it was abolished in favour of a turnover-based Sales and Services Tax.
It comes after some government ministers and industry bodies suggested it is the only realistic way to reverse diminishing revenues and tackle the growing national debt.
Source Innovate Tax
Latest Posts in "Malaysia"
- Malaysia Issues Sales Tax Exemption Guidance for Manufacturers; Refund Applications Due by November 30, 2025
- Malaysia’s 2025 Tax Reforms: Mandatory E-Invoicing, MSME Support, and New Foreign Tax Branch
- Malaysia Expands E-Invoice Restrictions to Electricity and Telecom Sectors Starting 2026
- Malaysia prohibits consolidated e-invoices for additional transactions
- Malaysia Expands E-Invoicing Requirements to Broader Scope
