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KUALA LUMPUR: A survey among members of the Association of Chartered Certified Accountants (ACCA) indicated they want the government to increase the sin and luxury goods tax, while strengthening the collection of the sales and services tax, as a way to enhance revenue.
PUTRAJAYA: The goods and services tax (GST) should not be implemented amid an economic slowdown, said Federation of Malaysian Manufacturers (FMM) president Tan Sri Mustafa Mansur.
PUTRAJAYA: The Government has yet to make a decision, or set a deadline, to replace the existing sales and services tax with a new regime.
The Customs Department is going on a campaign to raise awareness among businesses on the sales and service taxes before coming down hard on tax evaders.hr noshade size=1 width=50%>
In the first article of a two-part serieson goods and services tax (GST) inrelation to the property industry, BDOBinder Tax Services Sdn Bhd tax directorCHAN KEE HOONG focuses on GST's possible impact on a property developer. He shares the experiences from Singapore and Australia, countries that have implemented GST.