PETALING JAYA: An economic adviser to Prime Minister Datuk Seri Anwar Ibrahim has called Malaysia’s declining tax revenue-to-gross domestic product (GDP) as “strange”, considering the fairly strong economic growth enjoyed by the country.
Part of the problem can be attributed to Malaysia’s large black economy and the fact that only 15% of the labour force pays tax to the Inland Revenue Board (LHDN), says Nurhisham Hussein.
