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Malaysia Publishes 2022 Pre-Budget Statement

|Proposed Changes|Malaysia
Malaysia

The Malaysian Ministry of Finance has announced tax plans for Budget 2022, which are covered in a 2022 Pre-Budget Statement. This includes that the Government is considering the following measures to increase tax revenue through increased tax compliance:

  • Implementation of the Special Voluntary Disclosure Program (SVDP) for indirect taxes administered by the Royal Malaysian Customs Department…

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