This was stated in two separate federal gazettes published by the Attorney-General’s Chambers on February 23 under the Entertainments Duty (Exemption) Order 2024
A total of RM17 million in entertainment duty was not collected in Selangor, which is a potential revenue loss to the state’s treasury, according to the Auditor-General's Report.
Local artists in Selangor can now breathe a sigh of relief, thanks to the state government's proposal to provide exemptions and reductions for various entertainment duties.
The government’s announcement to lower the entertainment duty to zero for local performers and from 25% to 10% for international artists who perform in the country will be a catalyst for economic growth, especially through tourism activities.
Responding to Scoop, industry giant said it aims to become ‘operationally focused, commercially agile and cost-efficient’, but did not clarify if it is linked to Petros deal
