KUALA LUMPUR: The Royal Malaysian Customs Department plans to amend the goods and services tax (GST) Act to enable the Government to collect taxes from foreign companies operating in Malaysia under the digital economy.
According to Customs Department director-general Datuk Seri Subromaniam Tholasy, the amendments will allow the Government to tap a segment that is worth “billions of ringgit.”
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!