Malaysia's SST
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Questions and Answers

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?

  • 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?

  • 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?

    <p>6%</p> Signup and view all the answers

    What tax system replaced the Goods and Services Tax (GST) in Malaysia?

    <p>Sales and Service Tax (SST)</p> Signup and view all the answers

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