KUALA LUMPUR: Big ticket items, such as real estate and cars, are likely to see a lull in their respective markets after the implementation of the goods and services tax (GST) come April 1, 2015, says an accountant.
According to independent assurance, tax and advisory firm Grant Thornton, the same had happened in the United Kingdom and Australia when the value added taxes were introduced in 1973 and 2010, respectively.
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