- Malaysia is considering a hybrid tax model that combines selected GST features with the current SST system.
- The goal is to create a more efficient and transparent consumption tax while keeping SST’s simplicity.
- Modern tools like e-Invoicing could help improve revenue collection and reduce leakages.
- The system is intended to generate sustainable government revenue while protecting lower
- and middle-income households.
Source: thestar.com.my
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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