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.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

SC, IRB to strengthen inter-agency cooperation, safeguard financial ecosystem
CPO prices to remain range-bound between RM3,800 and RM4,100 a tonne in Jan 2026- MPOC
Bursa Malaysia extends upward momentum at midday
Bank of Japan raises interest rates to 30-year high, signals more hikes
Oil set to close lower for second straight week
Mah Sing, KLK to jointly develop Kulai industrial project
Samaiden to develop 99.99MWac solar PV facility in Segamat
Malaysia's exports rise 7% to RM135bil in Nov
United Malacca among top gainers in early trade after posting higher 2Q earnings
Ringgit opens slightly higher vs greenback on softer US policy outlook

Others Also Read