Navigating 2025 taxes: Key changes for businesses
BFM 89.9, 6 January 2025
Malaysia's tax policies in 2025 introduce transformative changes, including the phased rollout of e-invoicing, expanded SST coverage, the introduction of a 2% dividend tax, and the OECD’s Global Minimum Tax (Pillar Two) framework. These developments bring compliance challenges and strategic opportunities, particularly for businesses navigating the shifting tax landscape. Early preparation and robust internal processes are essential for companies to adapt effectively to these policy shifts.
On air at BFM 89.9, Dr. Veerinderjeet Singh, Senior Advisor on Tax Policy at KPMG in Malaysia, highlights the importance of proactive tax strategies to address these changes. From managing cascading effects of SST on supply chains to understanding the broader implications of global tax reforms, businesses must prioritize tax planning as a strategic initiative.
Find out more by listening to the podcast here.
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