Tourism Tax Bill must be value accretive, says CEO

(From left) KLCCP Stapled Group head of legal and corporate service division Abd Aziz Abd Kadir, CEO Datuk Hashim Wahir, and chief financial officer Annuar Marzuki Abdul Aziz at the 4th Annual General Meeting of KLCC REIT and the 14th Annual General Meeting of KLCC Property Holdings Bhd

KUALA LUMPUR: The newly passed Tourism Tax Bill 2017 has to be value accretive to enable the tourism and hospitality industries to thrive, said KLCCP Stapled Group CEO Datuk Hashim Wahir.

Speaking after the group’s AGM yesterday, Hashim said the tourism tax would put pressure on customer traffic, as it meant that tourists would now have to spend more, and it remained to be seen how the tax would affect tourism activities.