15 September, 2014

International Seminar on GST

I reiterate my stance that the introduction of the Goods and Services Tax (GST) next year will strengthen the country’s economy, making it more competitive and would also reform the tax system to make it more transparent and efficient.

The GST is fair to all Malaysians as those who evade paying taxes will find it harder to do so under the reform tax system, which is easier to track tax evader. The Government will undertake strong enforcement actions against those who increase prices arbitrarily and unreasonably for windfall gain against the interest of the consumer.

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