GST likely for Netflix and iflix soon


Potential targets (such as Netflix) were screened considering five criteria

SHAH ALAM: Online entertainment streaming services such as Netflix and iflix are expected to be taxed under the proposed amendments to the Goods and Services Tax (GST) Act which will include the digital economy, says the Customs Department.

Director-general Datuk Seri T. Subromaniam said the latest amendments to the GST Act had been submitted to the Finance Ministry and are expected to be tabled in the Dewan Rakyat later this month.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

EPF Account 3: Most Malaysians appreciate option while others don't wish to touch savings
Defenceless senior citizen gets chilli sauce in face, badly beaten by robber
New mention date set for accused in boyfriend murder case
Copter tragedy: Form an RCI to investigate crash, says Lam Thye
Casino licence for Forest City a 'lie', says Anwar
Dr M among those under MACC probe for asset declaration, says Azam Baki
Littoral combat ship probe still ongoing, says Azam Baki
Sabah state assembly passes new Ocean Thermal Energy Conversion Enactment
Copter tragedy: Women ministry to give RM3,000 to victims' families, says Nancy
Copter tragedy: Formation flying SOP may be reviewed pending crash investigation, says minister

Others Also Read