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MALAYSIA: 10% Product Tax and 6% Services Tax Set for 1 September Implementation

As of 1 September, a 10% tax will be payable on all goods sold in the country, while services will be subject to a 6% levy. The move marks the reintroduction of the country’s Sales and Services Tax (SST), a levy that was briefly superseded by the Goods and Services Tax (GST) in 2015, with that particular tariff having now been wholly-abolished.

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