Finance Minister Lim Guan Eng speaking during Budget 2020 Forum - Filepic
KUALA LUMPUR: The government plans to collect an additional RM100mil from the higher income tax rate for those earning above RM2mil per year, said Finance Minister Lim Guan Eng.
The government has introduced a new tax rate for those earning above RM2mil at 30%, up from the current 28% rate.
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