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Questions and Answers
When was the Goods and Services Tax (GST) implemented in Malaysia?
When was the Goods and Services Tax (GST) implemented in Malaysia?
- 31 August 2018
- 1 May 2018
- 1 April 2015 (correct)
- 1 June 2018
What was the objective of abolishing the GST in Malaysia?
What was the objective of abolishing the GST in Malaysia?
- To stimulate foreign investment
- To reduce the tax burden on high-income earners
- To put more purchasing power in the hands of the Malaysian people (correct)
- To increase living costs for the lower- to middle-income earners
When was the tax holiday declared in Malaysia?
When was the tax holiday declared in Malaysia?
- 1 June 2018 (correct)
- 1 April 2015
- 31 August 2018
- 1 May 2018
What was the standard rate of the Goods and Services Tax (GST) in Malaysia?
What was the standard rate of the Goods and Services Tax (GST) in Malaysia?
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What tax system replaced the Goods and Services Tax (GST) in Malaysia?
What tax system replaced the Goods and Services Tax (GST) in Malaysia?
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