Tax updates: What every business needs to know

In this commentary, Soh Lian Seng, Head of Tax at KPMG in Malaysia, penned his insights on the nation’s latest tax reforms, including the SST expansion, new stamp duty audit enforcement and the revised e-invoicing rollout. While short-term adjustments may pose operational challenges, these reforms also offer long-term opportunities to enhance competitiveness and build trust.

He also highlighted the need for early preparation, system upgrades, and continuous stakeholder engagement to help businesses navigate the transition and future-proof their operations in a more demanding tax environment.

Read the full attachment below.

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