Tax on digital economy can boost govt’s revenue stream


PETALING JAYA: Apart from the goods and services tax (GST), imposing a 15% minimum tax rate on the digital economy will help boost the government’s revenue stream, says tax experts.

The Finance Ministry said in a pre-budget statement recently that discussions are being held with the Organisation for Economic Co-operation and Development (OECD) on a global minimum tax rate of 15% on the digital economy.

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