tax revenue

Malaysia’s tax collection among lowest in Southeast Asia: experts

Malaysia University Science and Technology economist Barjoyai Bardai said Malaysia fell behind Singapore and Thailand and is struggling to catch up. Both use the goods and services (GST) and value-added (VAT) taxation system. 

M’sia needs long-term plan to boost revenue: World Bank

World Bank lead economist Apurva Sanghi said Malaysia’s revenue as a share of the gross domestic product (GDP) has been declining, with tax revenue being well below 12% of GDP.  

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