EY: Provide current tax incentives

“We may not want to compete head on with our neighbours and certainly, incentifying investors through tax incentives, will show we are a ‘soother’ for them,” Ernst & Young (EY) Malaysia tax leader Farah Rosley said

KUALA LUMPUR: The tax regime in Malaysia should stay current and continue to be sustainable to attract new domestic and foreign direct investments into the country in the wake of the changing investment landscape posed by Covid-19.

With the easing of pandemic restrictions and declining daily cases, there are signs of a rebound for the Malaysian economy with more businesses being reopened, thus, providing current and sustainable tax incentives that will soothe foreign investor nerves.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Ernst & Young , EY , Farah Rosley , tax , incentives , economy


Next In Business News

Two SAP staffers say HR mishandled their work-event rape claims
Asia stocks in limbo as dollar takes the lead
Elk-Desa Resources rides on recovery trend, posts RM17.59mil net profit in 1Q
TCS bags RM108.38mil construction job for Moxy Hotel
FBM KLCI dips into the red amid regional weakness
MN Holdings bags underground utilities contracts valued at RM10.5mil
Ringgit extends downtrend vs US$ on stronger US economic data
Malaysia posts double-digit trade growth in July
Kenanga maintains 'outperform' on Dialog as outlook remains intact
Bursa continues to edge lower as Wall Street stays flattish

Others Also Read