Malaysia collected nearly RM2.1bil through digital services, low value goods taxes, Amir Hamzah tells Parliament


KUALA LUMPUR: Malaysia collected RM1.62bil from the Service Tax on Digital Services (STODS) and RM476mil from the Low Value Goods (LVG) tax in 2024, Datuk Seri Amir Hamzah Azizan told Parliament Tuesday (Nov 25).

The Finance Minister II said the strong growth showed that the Government’s move to tax cross-border digital services effectively curbed revenue leakage and strengthened compliance in the fast-growing digital economy.

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