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.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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

Next In Nation

Unidentified man found drowned in Sg Kerayong
US DOJ gets seizure order on luxury New York condo bought with 1MDB funds
PM Anwar to launch KL International Book Fair tomorrow
Penang CM defends rejection of Byram/Changkat project RFP, citing costly 'variations' from original terms
Penang gazettes 50 heritage items in major cultural preservation move
Service disruption on Ampang and Sri Petaling LRT Lines
Do you know . . . about Tenun Pahang Diraja?
‘Private hospital drug supplies remain stable’
Harassment tied to power
Crackdown nabs 8,000 litterbugs in six states

Others Also Read