1m ago
KUALA LUMPUR, Jan 29 (Bernama) -- Sales tax on low value goods (LVG) contributed an additional revenue of RM817 million last year, up from RM476 million in 2024, according to the Ministry of Finance (MoF).
3m ago
KUALA LUMPUR, Nov 25 (Bernama) -- Malaysia offers no blanket sales tax exemption on goods imported through foreign online portals, Finance Minister II Datuk Seri Amir Hamzah Azizan said.
3m ago
KUALA LUMPUR, Nov 24 (Bernama) -- Although the High-Value Goods Tax (HVGT) was not implemented, its core principles have been reviewed and incorporated into improvements to existing tax laws through the revised sales tax rates and the expansion of the service tax (SST) scope.
3m ago
From Rohani Mohd Ibrahim
PANZHIHUA (Sichuan, China), Nov 17 (Bernama) -- China’s railway products manufacturer has praised the high standards of Malaysia’s welding industry, saying that the level of expertise eliminates the need for the company to deploy its own technical team when exporting its rails to Malaysia.
6m ago
KUALA LUMPUR, Sept 10 (Bernama) -- The government has taken steps to ensure national revenue remains stable by expanding the scope of the Sales and Service Tax (SST) and retaining the low-value goods tax (LVGT) to ensure fair competition, according to Deputy Finance Minister Lim Hui Ying.
6m ago
KUALA LUMPUR, Aug 20 (Bernama) -- The Inland Revenue Board (LHDN) has issued tax refunds totalling RM9.35 billion to more than three million taxpayers as of June 30, 2025, according to the Ministry of Finance (MOF).
10m ago
KUALA LUMPUR, April 11 (Bernama) -- Xsolla, a global leader in video game commerce, has partnered with ALTAVA Group, a digital fashion and virtual entertainment company known for its roots in the LVMH La Maison des Startups programme.