Budget 2019

Malaysia to tax imported services

Last week, Malaysia’s Finance Minister Lim Guan Eng tabled the country’s 2019 Budget. Being the first budget under a new government led by the Alliance of Hope (Pakatan Harapan), there were obviously numerous key points to look out for. One of those key points is the taxing of services imported into the country, which includes online services. The service tax, according to Lim, will be imposed in phases beginning with services imported by businesses in January, next year.

9 November 2018
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