Tax reform, essential for Malaysia's fiscal health

Soh Lian Seng, Head of Tax at KPMG in Malaysia, provided his input on Budget 2025, highlighting the need to expand the tax revenue base and reduce the fiscal deficit. He emphasized reviewing corporate and personal tax rates, with a focus on lowering corporate tax to enhance Malaysia’s competitiveness and attract foreign investment to drive economic growth.

Listen to the full coverage on BFM89.9: Tax reform, essential for Malaysia's fiscal health

For media-related queries, please email marcom@kpmg.com.my