VAT needs consideration before implementation to avoid ‘shortcomings’
The Borneo Post, 10 October
In this interview, Ng Sue Lynn, Head of Indirect Tax at KPMG in Malaysia, provided insights about the possible introduction of the Value Added Tax (VAT) in Budget 2024. While the VAT could help manage Malaysia’s national debt, she highlights that it should be implemented with caution, especially when the VAT is perceived as a regressive tax that could burden the rakyat's wellbeing.
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