- Barisan Nasional plans to reintroduce the Goods and Services Tax (GST) after the next general election, replacing the current Sales and Service Tax (SST).
- Ahmad Zahid Hamidi argues GST is fairer and more effective for Malaysia’s revenue and financial stability.
- Over 155 countries use GST, while Malaysia is one of only eight still using SST.
- Barisan Nasional is considering rebranding or forming a new entity to adapt to the current political landscape, but constitutional constraints limit changes to party membership structure.
- The coalition currently consists of four core parties, with affiliate members awaiting possible developments.
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.
Latest Posts in "Malaysia"
- Lim Guan Eng Urges Safeguards to Prevent Another RM30b GST Refund Crisis if Tax Returns
- BN to Push for GST Reintroduction, Najib’s Pardon Ahead of Next General Election
- Malaysia Postpones Mandatory E-Invoicing for All Businesses to July 2026, Phased Rollout Planned
- Malaysia Introduces E-Invoicing Compliance Review Framework Effective December 15, 2025
- Malaysia Raises e-Invoicing Exemption Threshold to RM1 Million: Key Changes for 2026 Rollout
