Guan Eng wants big-ticket items to be taxed


KUALA LUMPUR: Finance Minister Lim Guan Eng wants big-ticket items such as yachts and helicopters to be taxed under the sales and service tax (SST) regime.

He said the proposed list of items to be excluded from the SST, released by the Royal Malaysian Customs Department yesterday, is still subject to a public review.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

1 Doc International eyes Main Market listing
JTI Malaysia names Didier Ellena managing director
Malaysia lowers February crude palm oil reference price
SME Bank expects Bank Negara to hold OPR at 2.75% in 2026
China's central bank to conduct 900-billion-yuan outright reverse repo operation
TSMC fourth-quarter profit leaps to record driven by AI boom
Bursa Malaysia slips as profit-taking hits heavyweight counters, KLCI down 0.33%
Malaysia's construction, sub-contractor industries urged to expand into Asean, India- AIEC
Kerjaya Prospek unit bags RM201.25 construction contract in Sungai Buloh
Oil drops as Trump calms Iran fears; tech stocks slide in Asia

Others Also Read