News about tax

KUALA LUMPUR (Oct 8): Prime Minister Tun Dr Mahathir Mohamad said today the government will continue to improve Malaysia's Sales and Services Tax (SST) instead of reviving the Goods and Services Tax (GST), because it is not appropriate for the country to change its tax system too frequently.

KUALA LUMPUR (Oct 7): With talk of a revival of the Goods and Services Tax (GST) recently, ex-Deputy Minister of International Trade and Industry Datuk Seri Ahmad Maslan (pictured) has offered himself as a consultant, free of charge.

It seems a large number of property owners have been disturbed by the current Real Property Gains Tax (RPGT) and they are hoping to see it reduced or removed, according to a poll conducted by EdgeProp.

PETALING JAYA (Oct 4): The Association of Valuers, Property Managers, Estate Agents and  Property Consultants in the Private Sector Malaysia (PEPS) is urging the government to review the current Real Estate Property Gains Tax (RPGT) so it can have a positive impact in stimulating  the country’s  housing market.

KUALA LUMPUR (Oct 4): The prime minister’s statement yesterday that the government will study if there is a need to reintroduce the scrapped goods and services tax (GST) — the removal of which was one of Pakatan Harapan’s key pledges in the 14th general election (GE14) — is unlikely to gain traction among the rakyat.

KUALA LUMPUR (Oct 3): The Federation of Malaysian Manufacturers (FMM) has said this is a good time to reintroduce the Goods and Services Tax (GST) as the country's export industry could use some help amid the weak external environment and current global trade tensions.

PETALING JAYA (Sept 27): Putrajaya is seeking RM13.

KUALA LUMPUR (Sept 17): RHB Research Institute Sdn Bhd said the government is unlikely to introduce new tax measures for Budget 2020.

KUALA LUMPUR (Sept 13): PAS central's economic, real estate and entrepreneur development committee has proposed a 2.

KUALA LUMPUR (Sept 7): The High Court fixed Nov 8 to hear the application filed by the Inland Revenue Board (IRB) to obtain a summary judgment against former Prime Minister Datuk Seri Najib Razak regarding the alleged RM1.