VAT news tagged as "Sales and Service Tax"

Malaysia

Malaysia launches Sales and Service Tax Sep 2018

August 2nd, 2018

Malaysia has tabled at Parliament the implementation bill for its Sales and Service Tax (SST), which comes into force on 1 September 2018. It is replacing the 6% Goods and Services Tax, suspended on 1 June 2018. The switch is expected to cost the country an estimated at RM25 billion in lost revenues as only …