PETALING JAYA: Ahead of Budget 2026, Malaysian retailers and shopping mall operators are urging the government to cut the 8% sales and service tax (SST) on rentals and leasing by half.
The Malaysia Retail Chain Association (MRCA) and the Malaysia Shopping Malls Association (PPKM) said the government should phase in the SST on commercial property rental and leasing by reducing the rate to 4% next year and gradually increasing it to 8% over the next 10 years.
