According to KPMG Tax Services advisor for indirect tax Datuk Tan Sim Kiat(pic), consumers
PETALING JAYA: Some RM11bil may be put in the hands of Malaysians during the current three-month tax holiday period, following the zerorisation of the goods and services tax (GST).
According to KPMG Tax Services advisor for indirect tax Datuk Tan Sim Kiat, consumers’ purchasing power is expected to improve after the GST is zero-rated, leading to a significant multiplier effect within the domestic economy.
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