Time is ripe for reform of Malaysia’s tax revenue

The COVID-19 pandemic has caused global economic disruptions and a steep fall in oil prices. With the weaknesses of the current direct and indirect tax mix, now in clear view, Malaysia’s tax system is ripe for reform

Dr. Veerinderjeet Singh, Non-Executive Chairman of Tricor Malaysia, shares with New Straits Times his view that the Malaysian government must introduce strategic plans to reassess its sources of tax revenue. He also highlights that lower tax collection following the pandemic will result in greater deficit and fewer resources for the government to spend on achieving its economic and social objectives.

Please refer to this link to view the article in full from New Straits Times.

For more information, please contact:

Celine See
Tricor Services (Malaysia) Sdn Bhd
Director, Business Development

Tel: +6 03 2783 9191
Email: Celine.See@my.tricorglobal.com

For other Tricor services, please email to info@my.tricorglobal.com or visit to www.tricorglobal.com

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