World Bank: Tax reforms will help reduce inequality in Malaysia


Crowds gathered at Bukit Bintang on Mederka day holiday .—ONG SOON HIN/The Star Reporter

KUALA LUMPUR: Malaysia needs tax reforms to raise additional revenues for reducing inequality, according to the World Bank.

Its latest report titled "A Fresh Take on Reducing Inequality and Enhancing Mobility in Malaysia" said that the country needs to raise more revenues through both direct and indirect taxes.

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