TECH

Service tax to be levied on digital services: Budget 2019

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. 

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