‘Madani economy’ to have muted impact on stock market

Soh Lian Seng, Head of Tax at KPMG in Malaysia, shared his views on the outcome-based tax incentives that the government plans to implement in its new economic framework. He adds that it is likely that it will be implemented with tiered tax rates based on a company’s achievement, which differs from the traditional focus of approved product-specific and investment capital. 

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