GST likely for Netflix and iflix soon

Potential targets (such as Netflix) were screened considering five criteria

SHAH ALAM: Online entertainment streaming services such as Netflix and iflix are expected to be taxed under the proposed amendments to the Goods and Services Tax (GST) Act which will include the digital economy, says the Customs Department.

Director-general Datuk Seri T. Subromaniam said the latest amendments to the GST Act had been submitted to the Finance Ministry and are expected to be tabled in the Dewan Rakyat later this month.