Malaysia Says Open to Studying Tax Measures to Increase Revenue

Malaysia is open to studying tax measures that could boost revenue without causing “far-reaching impacts”, said Second Finance Minister Amir Hamzah Azizan on Tuesday.

• The government has no plans yet to re-introduce the goods and services tax, Amir Hamzah said in parliament in response to questions from lawmakers
• The government will prioritize improving the existing tax system and introducing taxes that won’t affect the vulnerable, before considering reintroducing consumption taxes

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Anisah Shukry in Kuala Lumpur at ashukry2@bloomberg.net

To contact the editors responsible for this story:
Stephanie Phang at sphang@bloomberg.net

Ram Anand

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