Digital tax can rake in RM2.4bil a year

Collection format: Amiruddin says digital tax will be collected beginning January next year.

PETALING JAYA: Tax revenue could increase by more than RM2.4bil a year should foreign digital service providers register for the 6% service tax that is set to be implemented from Jan 1 next year.

“We are expecting the big boys to start registering with us. The registration (with the customs department) started yesterday and we will start collecting tax from next January onwards, ” said Deputy Finance Minister Datuk Amiruddin Hamzah during the opening ceremony of Tax Credit Camp in Bangi yesterday.