Budget 2024: Govt plans to implement global minimum tax in 2025

KUALA LUMPUR: The government plans to implement the global minimum tax (GMT) in 2025 after considering feedback from the industry and the latest international developments.

Prime Minister Datuk Seri Anwar Ibrahim said GMT would only apply to companies with a global revenue of at least 750 million euro.

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Taxation , Anwar Ibrahim , Budget 2024 , Global minimum tax

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