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Tax Expert Urges GST Elements in SST to Reduce Tax Cascading

  • A tax expert said the government could improve SST by adopting some GST features, such as broader exemptions, to reduce cascading taxes.
  • He agreed GST reintroduction may not suit the current economy or cost-of-living pressures because it would tax more goods and services.
  • GST is seen as more transparent and less prone to tax-on-tax issues, while SST’s narrower exemptions can create double taxation and disputes.
  • The Chartered Tax Institute of Malaysia welcomed the government’s idea of combining positive GST elements with SST and is awaiting proposals.

Source: bernama.com

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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