GST System Changes Newsletter

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SWPC Latest Events

Mon Oct 26 @10:00 - 05:30PM
Webinar: Latest Sales Tax Mechanism and Exemption Facilities Updates for Manufacturers and Traders
Tue Oct 27 @10:00 - 05:30PM
Webinar: Latest Sales Tax Mechanism and Exemption Facilities Updates for Manufacturers and Traders
Thu Nov 12 @10:00 - 04:00PM
Half-Day Webinar: Sales Tax Mechanism and Budget 2021 on Sales Tax

Summary of Indirect Taxation

Here is a downloaded version from Ernst and Young for global indirect taxation summary and comparison.

As Malaysia is going to abolish Goods and Services Tax, it has to find an alternative indirect tax mechanism to replace for it.

Currently the global indirect tax mechanism as below:

  1. Goods and Services Tax (GST)
  2. Value Added Tax (VAT)
  3. Sales Tax
  4. Consumption Tax (CT)

If you wish to learn more on the global indirect taxation, feel free to download a copy. It is also available from Ernst and Young site.

Click Worldwide VAT GST Sales Tax Guide 2018

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GST System Changes