LAST week, this column highlighted Malaysia’s debt dependency and how the government should formulate a strategy to raise its tax revenue to reach 15% of gross domestic product (GDP) by 2025.
As it is, Malaysia has been lax in taxing its population and businesses to the extent that we have a very low tax to GDP ratio of less than 11% currently.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
