Finance ministry: Malaysian govt looking at ways to increase tax collection, including voluntary disclosure of unpaid indirect tax. [Newspaper] (2021)
Abstract
The Malaysian government is weighing methods that could be used to increase the amount of tax collected through increased tax compliance, the Finance Ministry said today.
In its Pre-Budget Statement released ahead of Budget 2022, the Finance Ministry noted that the tax collected from taxpayers has been lower than expected so far in 2021 and an expected further decrease due to the Covid-19 pandemic.
The Finance Ministry then outlined various strategies that it had either undertaken or is looking at carrying out in order to boost the government coffers and reduce leakages in tax due to the government.
| Item Type: | Newspaper |
|---|---|
| Keywords: | Taxation, Revenue, Statistics, Trading |
| Taxonomy: | By Subject > Business & Management > Finance |
| Local Content Hub: | Subjects > Business & Management |
| Depositing User: | Mohd Aizat Abd Halim (Seremban) |
| Date Deposited: | 14 Jan 2022 09:03 |
| Last Modified: | 14 Jan 2022 09:03 |
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