Tax expert: Proposed 8 pct service tax rate to boost tax revenue

TV3, 14 October

In this segment, Soh Lian Seng, Head of Tax gave his insights on tax reform measures in Budget 2024, particularly the sales and services tax (SST), capital gains tax (CGT) and global minimum tax (GMT). He shared that addressing the CGT and GMT in the tabled budget provides certainty to businesses and the government's clear approach to expanding its tax base.

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