Shaping the future of Malaysian taxes

In this commentary, Soh Lian Seng, Head of Tax at KPMG in Malaysia, shared his insights on Malaysia’s recent and upcoming tax policies, including the self-assessment system, capital gains tax, dividend tax, and the expansion of the service tax. While emphasizing the importance of enhancing national revenue, he highlighted the need to future-proof Malaysia’s tax environment through measures such as IT system upgrades, consulting services, and compliance education to support taxpayers and ensure a smooth transition.

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