- Voluntary Disclosure Program (VDP). Under the VDP, taxpayers will be granted full penalty relief for voluntary disclosures from 1 June 2023 to 31 May 2024
- A new luxury goods tax is proposed to be imposed on certain types of luxury goods, such as watches and fashion accessories, from the year 2023.
- Tax incentives for electronic vehicles (EVs) are extended:
Source: EY
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