Govt to publish tax expenditure statement to enhance level of fiscal discipline, transparency

KUALA LUMPUR: The government will publish the Tax Expenditure Statement in an effort to improve fiscal discipline and transparency, as well as complement the Medium-Term Revenue Strategy programme, as well as the tax incentive study that is being undertaken.

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said this was important in determining the costs incurred by the government in relation to tax incentives, one-off exemptions and the setting of other tax policies.