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In the budget proposal, what topics are worthy of attention?
KPMG Malaysia believes that the Finance Minister, Datuk Seri Anwar, presenting the 2025 budget proposal demonstrates a serious determination to expand the tax base, ease national debt, and reform the economy.
PricewaterhouseCoopers Malaysia tax director Su Liansheng commented that those earning dividends of 0.1 million ringgit or more will have to pay a 2% dividend tax next year, which is a unique idea of the Chang Ming government, obviously targeting the country's wealthiest 15% cohort.
PricewaterhouseCoopers Malaysia tax director Su Liansheng commented that those earning dividends of 0.1 million ringgit or more will have to pay a 2% dividend tax next year, which is a unique idea of the Chang Ming government, obviously targeting the country's wealthiest 15% cohort.
It is called unique because this tax system cleverly avoids the majority of over 85% of the domestic population, making the disadvantaged groups exempt from the burden of the new tax system.
Su Liansheng also believes that the budget clarifies more details on the carbon tax, will introduce a sugar-sweetened beverage tax, and will reform the Sales and Services Tax (SST) in stages, all of which are expected to bring positive benefits to the country's economic development.
However, he hopes that after the above tax measures are proposed, clear regulatory guidelines will be issued, and a careful transition plan will be arranged to ensure the effective implementation of the tax system.
Su Liansheng also appreciates that small and medium-sized enterprises will receive tax incentives and financial support.
In addition, relatively complex "smart logistics" tax incentives, the Johor forest city family office initiative, electric vehicle tax exemptions, etc., are all measures that he specifically praised...
KPMG Malaysia believes that the Finance Minister, Datuk Seri Anwar, presenting the 2025 budget proposal demonstrates a serious determination to expand the tax base, ease national debt, and reform the economy.
PricewaterhouseCoopers Malaysia tax director Su Liansheng commented that those earning dividends of 0.1 million ringgit or more will have to pay a 2% dividend tax next year, which is a unique idea of the Chang Ming government, obviously targeting the country's wealthiest 15% cohort.
PricewaterhouseCoopers Malaysia tax director Su Liansheng commented that those earning dividends of 0.1 million ringgit or more will have to pay a 2% dividend tax next year, which is a unique idea of the Chang Ming government, obviously targeting the country's wealthiest 15% cohort.
It is called unique because this tax system cleverly avoids the majority of over 85% of the domestic population, making the disadvantaged groups exempt from the burden of the new tax system.
Su Liansheng also believes that the budget clarifies more details on the carbon tax, will introduce a sugar-sweetened beverage tax, and will reform the Sales and Services Tax (SST) in stages, all of which are expected to bring positive benefits to the country's economic development.
However, he hopes that after the above tax measures are proposed, clear regulatory guidelines will be issued, and a careful transition plan will be arranged to ensure the effective implementation of the tax system.
Su Liansheng also appreciates that small and medium-sized enterprises will receive tax incentives and financial support.
In addition, relatively complex "smart logistics" tax incentives, the Johor forest city family office initiative, electric vehicle tax exemptions, etc., are all measures that he specifically praised...
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$99SMART (5326.MY)$ Can it break through 3.00? 🤩🤩🤩
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