Digital industry is not ready for digital tax - iPay88

  • Taxation
  • Tuesday, 30 Oct 2018

KUALA LUMPUR: iPay88 Holding Sdn Bhd has proposed a more constructive profit-based tax rather than an industry-wide based (digital) tax that could possibly be announced for the digital industry in the upcoming Budget 2019 on Friday.

Co-Founder and Executive Director Chan Kok Long in a statement today said the digital industry in Malaysia was not ready for a digital tax, with the sector still struggling to turn in a profit.

Taxation , Economy