M40, B40 to feel the pinch from the low value goods tax
The Edge, 6 February
In this article, Soh Lian Seng, Head of Tax at KPMG in Malaysia, provided insights about the new low value goods (LVG) tax which will be imposed on 1 April. Soh says the new LVG tax will help the local producers of such goods to be more competitive, and that the government is giving merchants enough time to understand the tax structure.
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