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Rethinking The Tax Regime

Ng Sue Lynn, Head of Indirect Tax, KPMG Malaysia

25-Nov-20 07:47

Rethinking The Tax Regime

Although the Finance Minister Tengku Dato’ Sri Zafrul Aziz has said that no new taxes will be introduced until the economy recovers, it’s worth discussing the different options to fill government coffers that have been depleted by the pandemic. To this end, the Ministry of Finance has set up a committee to study various ways to enhance government revenues, including the proposal to reinstate the Goods and Services Tax (GST). We speak to Ng Sue Lynn, Head of Indirect Tax at KPMG Malaysia, on factors the government should consider if GST were to make a comeback.

Image Credit: Shutterstock.com

Produced by: Shazana Mokhtar

Presented by: Audrey Raj, Wong Shou Ning


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Tags:  budget 2021SSTGSTtax reformwindfall taxcapital gains taxConsumer Goods/ServicesGovernment/Regulatory/Policy MakingEconomy, MarketsPolitics, News, Current Affairs

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