SST revision, expansion to have minimal impact on construction, consumer segment

KUALA LUMPUR: The upcoming revision and expansion of Sales and Service Tax’s (SST) scope is expected to have limited impact on the construction and consumer segments, according to Kenanga Investment Bank Bhd.

However, the exercise is likely to have an adverse impact on the Real Estate Investment Trust (REIT) sector, as well as financial services and private healthcare, it said in a note today.