KUALA LUMPUR: The government will publish the Tax Expenditure Statement in an effort to improve fiscal discipline and transparency, as well as complement the Medium-Term Revenue Strategy programme, as well as the tax incentive study that is being undertaken. "At the same time, listed stock trading brokerage activities are no longer subject to service tax," he said when presenting Budget 2022 at the Dewan Rakyat today. Starting January next year, he said income tax would be imposed on permanent residents in Malaysia on income derived from foreign sources and received in Malaysia. Meanwhile, Tengku Zafrul said service tax would be levied on delivery services provided by service providers, including e-Commerce platforms except food and beverage delivery and logistics services. - BernamaArticle type: metered User Type: anonymous web User Status: Campaign ID: 46 Cxense type: free User access status: 3Join our Telegram channel to get our Evening Alerts and breaking news highlights
