Service tax to be levied on digital services: Budget 2019


  • TECH
  • Friday, 02 Nov 2018

Finance Minister Lim Guan Eng tabling the 2019 budget at Dewan Rakyat in parliament on Friday. Azman Ghani / The Star

KUALA LUMPUR: The Malaysian Finance Ministry (MOF) has announced the implementation of service tax on foreign digital services – including software, music, video and digital advertising – effective Jan 1, 2020. 

In Finance Minister Lim Guan Eng's presentation, several company logos were shown including music streaming service Spotify, video streaming site Netflix and game distribution platform Steam. 

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

US high school students devise app that detects scam calls
Study: Children who spend more time on social media ‘more likely to vape’
AI echo chambers: Chatbots feed our own bias back to us, study finds
Musk, Indonesian health minister, launch Starlink for health sector
Apple brings eye tracking to iPhone and iPad in accessibility update
What do Google’s AI updates mean for everyday users?
Preview: ‘MechWarrior 5: Clans’ takes a more cinematic approach to its giant robot campaign
Britain's M&S apologises after website and app hit by 'technical issue'
Honey, I love you. Didn’t you see my Slack about it?
The architects of ‘Hades’ strive to bewitch gamers again

Others Also Read