Tax strategies for achieving fiscal sustainability

Introducing new taxes such as CGT and LGT requires careful evaluation to ensure Malaysia remains competitive in the region.

AS Malaysia eagerly awaits the release of Budget 2024 on October 13, 2023, a strong sense of anticipation and expectation permeates the nation, particularly among businesses and individuals.

Building upon the commitment to fiscal discipline established in the Malaysia Madani Budget 2023 earlier this year, Budget 2024 is expected to provide further clarity on fiscal reforms and the nation’s financial landscape.