Top five tax measures expected in Budget 2020


The government may consider reducing the corporate income tax rate in Budget 2020 to ensure Malaysia remains competitive as a foreign direct investment destination in Asean(File pic shows Bernard Yap)

THE much-anticipated Budget 2020 is scheduled to be tabled on Oct 11, with the theme “Shared prosperity: Sustainable and inclusive growth towards high income economy.”

So what are some of the tax measures that we can expect in Budget 2020 that will help drive this goal?

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