The government has to widen its tax base to strengthen the country’s fiscal position because the current system based on the Sales and Services Tax (SST) is only predicted to collect RM22bil this year, says the Malaysian Institute of Certified Public Accountants (MICPA) president Dr Veerinderjeet Singh.
Source: thestar.com.my
Latest Posts in "Malaysia"
- Malaysia Extends E-Invoicing Interim Relaxation Period for Taxpayers with MYR 1–5 Million Turnover
- Finance Ministry: SST to Remain, No Plans for GST Reintroduction Yet
- Malaysia Reduces Service Tax on Industrial Rentals, Expands MSME Exemptions, and Zero-Rates Key Inputs
- Malaysia Delays E-Invoicing for RM1m–RM5m Businesses to 2027, Expands Sector Coverage
- Malaysia Delays Mandatory E-Invoicing for RM1m–RM5m Businesses to 2027, Expands Sector Coverage
