Fine-tuning Taxation: Malaysia's Continually Ongoing Process

Dr Veerinderjeet Singh, Senior Adviser on Tax Policy, KPMG

Morning Run · Morning Brief · 2 Apr 2024 · 08:30 am · 12 mins listen

The Finance Ministry has widened the scope of service tax exemptions to logistics service providers and maintenance services, just one month after the Sales & Service Tax rate rose from 6% to 8%. The intention is to mitigate rising costs on the rakyat. Dr Veerinderjeet Singh, Senior Adviser on Tax Policy at KPMG explains the impact of such a decision/indecision.

Image Credit: Shutterstock.com

Produced by:

Moh Heng Ying

Presented by:

Wong Shou Ning,Shazana Mokhtar,Keith Kam

Categories:

Law/Activism,economy

Tags:

logistics sector,sales and service tax

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