KUALA LUMPUR: The government could consider an extension for deferment of income tax instalments for all small and medium-sized enterprises (SMEs) until December 2020, Malaysian Rating Corporation (MARC) says.
The rating agency had on Monday pointed out the current supply chain disruption in the economy will likely impact businesses over a longer time frame than is currently anticipated and SMEs, being the backbone of businesses in Malaysia, are financially fragile.
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