LVG tax: Encourages fairer competition between local and foreign traders
TV3, 26 February 2024
In this interview, Soh Lian Seng, Head of Tax at KPMG in Malaysia, provided his input on the low-value goods (LVG) tax. He pointed out that with the sales tax on the import of LVG sold online, there will be a difference in the price comparison between items sold locally and overseas.
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