Soh Lian Seng, Head of Tax at KPMG in Malaysia, was featured on BFM 89.9’s news bulletin segments, where he commented on the new tax requirements for online influencers to declare all forms of income, including non-cash benefits. He suggested clearer valuation guidance, phased enforcement, and simplified reporting templates to ease compliance, particularly for smaller creators, while emphasizing that the aim is fair and consistent tax reporting.
Listen to what he has to say on the topic below: