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Postpones imposing Sales Tax on Low-Value Imports

The Malaysian government recently announced that reforms to remove the Import Sales Tax exemption on goods bought from outside the country have been suspended.

In Malaysia, there is currently an Import Sales Tax exemption threshold set at RM500 (approx.. £100), which allows importers to purchase goods free of sales tax from non-resident companies up to this value.

Source: fiscalsolutions.co.uk

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