Introduce luxury tax on supercars and private jets to boost got revenue, suggests Shafie

KUALA LUMPUR: The government should introduce a tax on luxury items such as high-end cars, yachts, private jets and other high-value items to increase government revenue, suggests Datuk Seri Mohd Shafie Apdal.

The Parti Warisan Sabah president said there was no comprehensive policy to boost government revenue except for the proposed one-off prosperity tax targetted at companies with more than RM100mil yearly profits.