KUALA LUMPUR: Reviving the goods and services tax (GST) still remains an option, says Rafizi Ramli. Although the current plan is to introduce capital gains tax next year, the Economy Minister said that other forms of taxes would also be considered. "One of the strategies to widen our revenue base is to develop and roll out capital gains tax in 2024 and the government will stick to that strategy. Among the measures that would be taken were increasing the tax base, diversifying the tax revenue stream and managing the tax system through technology. This also included introducing a capital gains tax next year.
Source: The Star September 11, 2023 16:09 UTC