Can Malaysia afford to revamp its corporate tax rate?


THE narrow tax base has been a bane for the government, with constricts on the tax base having resulted in a very low taxable percentage compared with gross domestic product.

One trend that may put even more pressure on Malaysia has been the slow and declining trend of average corporate tax rates throughout the world.

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Malaysia , revamp , corporate tax , Deloitte , Ernst & Young , PwC ,

   

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