Malaysia is among the last in the region to impose goods and services tax (© Sanja Gjenero / sxc.hu) MALAYSIA is among the last in the region to impose goods and services tax (GST) but it still shelved its original implementation in 2007. It was only after spending the last two years in consultation with […]
revenue
Staying competitive, but for whom?
By Michael Jeyakumar DevarajON 16 June 2009, the government tabled an amendment to the Inland Revenue Board Act 1995 — a minor amendment that enables the board to meet once every two months, instead of once a month as in the original legislation. However, as is the practice in the Malaysian Parliament, when any amendment is opened for […]