Monitorul de Ştiri | Malaysia’s goods and service tax hike: ‘Necessary’ but at what cost to businesses and consumers?

Malaysia’s goods and service tax hike: ‘Necessary’ but at what cost to businesses and consumers?

Bogdan Hofbauer

Sales tax rate of 5 per cent or 10 per cent will be imposed on non-essential and luxury goods including salmon and imported fruits from Jul 1. The service tax will also be expanded to cover six new categories, including rental and leasing. Edition: Singapore Indonesia Asia US/UK KUALA LUMPUR: Malaysian businesses and consumers already grappling with rising costs and the impact of United States tariffs could face added strain from the country’s planned Sales and Service Tax (SST) hike next month,

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Malaysia’s goods and service tax hike: ‘Necessary’ but at what cost to businesses and consumers? https://www.channelnewsasia.com - 06:00

Malaysia’s goods and service tax hike: ‘Necessary’ but at what cost to businesses and consumers? https://www.channelnewsasia.com/ - 06:00

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Malaysia’s goods and service tax hike: ‘Necessary’ but at what cost to businesses and consumers? https://www.channelnewsasia.com - 06:00

Malaysia’s goods and service tax hike: ‘Necessary’ but at what cost to businesses and consumers? https://www.channelnewsasia.com/ - 06:00