The re-opening of most, if not all, economic sectors since the re-implementation of Covid-19 lockdown measures means that the upcoming Budget 2022 proposals would be a vital catalyst enabling our country to fulfil international commitments as well as improve tax collection and raise tax revenue.
Soh Lian Seng, KPMG in Malaysia’s Head of Tax Dispute Resolution, and James How, Manager, Tax Dispute Resolution, revisits the current practice of direct tax collection in this piece, and discusses how supplemental measures can aid to increase tax revenue while strengthening the current tax system.
Read their views in the attached or via the link below.
– The Star Online: Jump-starting tax collections