KUALA LUMPUR: Malaysia may look at a possible implementation of the Goods and Services Tax (GST) in the medium term, likely by 2022 or 2023 to help correct the government’s fiscal position and to boost revenue.
Affin Hwang Capital Research chief economist Alan Tan said it would not be an immediate implementation as various plans and decisions need to be made in terms of rates and tax treatments.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!