Luxury tax only targets those who don't pay their fair share of taxes, says minister


KUALA LUMPUR: The luxury goods tax will only likely target those who don't pay their fair share of taxes, says Datuk Seri Tiong King Sing.

"From my understanding, the tax is only targeted at those with incredible wealth but pay next to nothing in taxes while enjoying the benefits of living in Malaysia.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Kuching to host first Borneo International Textile Festival with royal patronage
Takiyuddin to be referred to Parliament's Rights and Privileges over MMEA remarks, says Azalina
Bung Moktar laid to rest in Kg Likas cemetery after Friday prayers
Law gives PM power to appoint any sitting Federal Court judge to JAC, says Chief Justice
Kiandee, Hamzah should be responsible for PN’s heavy losses at Sabah polls, say state Bersatu leaders
Pahang civil servants to receive special financial aid equal to two months' salary
M-cyclists flock to free engine oil change, helmet exchange booths at Madani event
Immigration raids in Kulai, Pontian nabs 37 foreigners for overstaying, violating passes
Poignant moment as King launches Tunku Laksamana Johor Cancer Centre
NSE diversions to facilitate Yong Peng-Senai route construction, say PLUS

Others Also Read