Today's top Malaysian news, sport and lifestyle.
Prime Minister Anwar Ibrahim has firmly rejected returning to GST's broad-based taxation model, emphasising the government will not burden lower-income Malaysians. However, he remains open to refining the current SST system.
%22%2F%3E%3C%2Fpattern%3E%3C%2Fdefs%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23ph4qw8tg)%22%2F%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23ph4qw8tp)%22%2F%3E%3Ctext%20x%3D%2250%25%22%20y%3D%2250%25%22%20text-anchor%3D%22middle%22%20dominant-baseline%3D%22central%22%20fill%3D%22rgba(255%2C255%2C255%2C0.95)%22%20font-family%3D%22Georgia%2C%20'Times%20New%20Roman'%2C%20serif%22%20font-weight%3D%22700%22%20font-size%3D%22272%22%20letter-spacing%3D%22-0.02em%22%3EAnwar%3C%2Ftext%3E%3C%2Fsvg%3E)
Prime Minister Datuk Seri Anwar Ibrahim has instructed the Finance Ministry to undertake a thorough examination of a hybrid Sales and Service Tax-Goods and Services Tax system, with findings to be presented to Cabinet for consideration.
Malaysia's top tax body urges the government to widen SST exemptions to prevent tax cascading, endorsing a middle-ground approach that borrows GST's strengths without reimposing the controversial broad-based levy.
Victims of AI-driven investment fraud face a compounding crisis: after losing retirement savings to scammers, the IRS bills them for taxes on the stolen funds, exposing a critical gap in American tax law.
Philippine President Ferdinand Marcos has announced comprehensive tax relief proposals in his 2026 State of the Nation Address, targeting workers and small businesses as global instability threatens economic stability.