Deputy Finance Minister Datuk Seri Ahmad Maslan said that Malaysia’s tax revenue is 11.5 percent to the country’s gross domestic product .
Ahmad also said 38 countries under the Organisation for Economic Cooperation and Development , which is mostly in Europe, had tax revenues of more than 30 percent to its respective GDP.“It will come to a time where we can no longer continue with the taxation model,” said Ahmad during Question Time in Parliament on Thursday .
“Taking into account annual interest rates and huge subsidies, I’m afraid that if we do not look into this model, the country’s debt will increase in future,” added Johari
Nak re introduce gst lar tuh.
Give GST another go.
I smell GST
ahmadmaslan Sure la all the curi wang negara whole family dont want to pay tax the najis 1.6 billion tax not paid dont talk about his son and wife including you curi wang tax tak bayar lagi cakap banyak pthui!!!sampah
The return of GST? 😉
Tax the rich more, remove fuel subsidies, impose a tax on fuel. Introduce wealth tax, raise upper ceiling tax to 38% at least. Remove certain tax reliefs too, for both corporate and individuals