Tax Reforms: Raising the Corporate Income Tax Rate for Large Corporations
Proposing a Solution
Pasir Gudang MP Hassan Karim recently proposed that the government raise the corporate income tax rate on large corporations from 24% to 27%. In a Dewan Rakyat...
Government Proposes Sugar Tax Hike to Combat Non-Communicable Diseases
The Malaysian government has proposed to raise the excise duty on sugary drinks by RM0.40 per litre in 2025 in a bid to lower the intake of sugar, a major contributor...
Tourism Tax Revenue Jumps to RM186 Million
Significant Increase in Tourism Tax Revenue
KUALA LUMPUR: Prime Minister Anwar Ibrahim has revealed a significant jump in tourism tax revenue from RM1.03 million in 2022 to RM186 million in 2023. The annual revenue...
Dato G Kumaar: Don’t Be Afraid to Demand Rights – The Budget Must Ensure Justice for All Communities; Lim Guan Eng Should Not Play Politics
Kuala Lumpur – In a stirring speech, Dato G Kumaar Aamaan urged Lim Guan Eng...
Budget 2025 Not a "Robin Hood Budget"
KUALA LUMPUR: The introduction of a 2% tax on dividend income above RM100,000 received by individual shareholders and the targeted subsidy of RON95 petrol for the top group of T15 is not a...
Attracting High-Value Investments: Malaysia's Revamped Incentives Regime
A Closer Look at the 2025 Budget Proposal
Malaysia must revamp its incentives regime to attract high-value investments that propel the country to become a high-income nation.
Unique Tax Idea to Target Top Income-Earners
KPMG Malaysia's...
Sarawak DAP Welcomes Announcement on No Inheritance Tax
Sarawak DAP's Role in Current Federal Government Highlighted
PETALING JAYA: Sarawak DAP, which had opposed a purported inheritance tax, has welcomed an announcement by secretary-general Loke Siew Fook that the Cabinet had never...
