Malaysia's Sales Tax Regime Riddled With Uncertainty in Early Days

Malaysia is having a bumpy rollout of its sales and services tax—from confusion at the shipping ports to concerns about profiteering. Services are taxed at 6%, covering sectors like information technology, hotels and restaurants, insurance, and telecommunication, while the sales tax can be either 5% or 10% depending on the product. Contributing to the confusion is the fact that the government hasn't finalized the list of services that are subject to sales and service tax, and companies are still lobbying to be included in the list of exemptions. 

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By Hoang, Lien, posted on Thursday September 13, 2018

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