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Malaysia Imposes Sales and Services Tax on Construction and Financial Sectors Starting July 2025

    Starting 1 July 2025, Malaysia will impose sales and services tax on construction and financial services sectors Construction sector will have a tax rate of 8 percent Financial services sector will have a tax rate of 6 percent Exemptions include capital markets, foreign exchange, and residential construction

Source: bdo.global

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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