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A broad-based tax such as the goods and services tax is generally considered to be a regressive tax. Before we go further, let us look at what 'regressive' actually means.
KUALA LUMPUR: A goods and services tax appeals tribunal will be established to deal with appeals against decisions by the Customs Director-General, said Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah.
KUCHING: Negotiations will be carried out between the state and Federal governments to draft out a win-win solution and mechanism on how best the state government’s own sales and services tax would be implemented once the Goods and Services Tax (GST) is to be implemented in April next year.
A SEMINAR to provide better understanding of the goods and services tax (GST) was held at Politeknik Seberang Prai in Bukit Mertajam, Penang, with about 1,500 in attendance.
KUALA LUMPURL: The Public Accounts Committee's (PAC) report on the National Feedlot Centre (NFCorp) scandal will be tabled in the Dewan Rakyat next Tuesday.