Serc

Serc

Key messages

SST 2.0 the comeback kid

  • SST will be reintroduced on 1 September 2018 to replace GST
  • Proposed sales tax (10%, 5% and a specific rate for petroleum) and 6% for service tax
  • Taxable threshold set at annual revenue of RM500,000 (except for eateries and restaurants at RM1 million)

Refined version of SST in terms of scope and coverage

  • Single-stage tax is levied on manufacturers and importers
  • Narrower compared to GST though slightly wider than old SST
  • Mixed reactions for consumers and businesses
  • Shortfall of budget revenue collection of RM23 billion

Smooth transition and implementation of SST is the key

  • Continuous stakeholders’ consultations on the technical and compliance aspects of SST during the transitional period
  • Dissemination of price information and enhance consumer awareness
  • Step up price surveillance and enforcement of unreasonable price increases

The 4th ISM International Statistical Conference (ISM-IV)

 

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台湾中国生产力中心到访中总

 

台湾中国生产力中心代表团在台湾经济部商业司司长李镁女士的率领下,于2018年8月16日到访中总。代表团以餐饮业者为主,随团的包括台湾中国生产力中心总经理张宝诚先生。

社会经济研究中心执行董事李兴裕先生受邀在会上分享马来西亚的经济状况与投资机会,以及马来西亚与台湾的贸易和投资关系。

 

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UOB Palm Oil Forum

UOB Palm Oil Forum

 

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JP Morgan’s KL Investors’ Day

 

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