Low Value Goods Tax Incoming

Dr Carmelo Ferlito, CEO, Centre for Market Education

18-Dec-23 17:00

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Goods sold online that are priced RM500 and below will now have a 10% sales tax beginning January 1, 2024. We speak to economist Dr Carmelo Ferlito on the impact of this low value goods tax, both on our economy and on our consumption habits.

Image Credit: Unsplash

Produced by: Alia Zefri

Presented by: Sharmilla Ganesan, Sharaad Kuttan

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Categories: financial wellness, government

Tags: low value goods tax, economy, online sales, retailers, finance,

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