tag:blogger.com,1999:blog-6297413898275266606.post1178905810973630461..comments2024-03-27T18:15:59.096+08:00Comments on Economics Malaysia: GST And Tax Evasionhishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6297413898275266606.post-58525947126332757672013-10-26T11:39:17.462+08:002013-10-26T11:39:17.462+08:00On 2015, during implantation of GST, we will pay S...On 2015, during implantation of GST, we will pay SST plus GST because the cost of product/service will not likely to reduce and not removing SST on stock on hand. Hence, we will pay higher tax or double tax on 2015. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-56826659260141547442013-09-17T09:49:11.659+08:002013-09-17T09:49:11.659+08:00Zuo De,
I can't quote the numbers because the...Zuo De,<br /><br />I can't quote the numbers because they remain confidential, but a majority (>50%) of food items captured under the consumer price index will be zero-rated.hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-64922505986024881502013-09-16T11:47:14.643+08:002013-09-16T11:47:14.643+08:00Hishamh,
From the many articles i have read about...Hishamh,<br /><br />From the many articles i have read about GST, some conclude that it is regressive. GST does not care whether you are rich or poor. Of course there is mention that essential goods will be 0% but what is not essential to one is not necessarily true for another.<br /><br />Alternative maybe base on epf members or socso members paying a minimum tax since they work, or so long theyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-91609159834153981722013-09-15T15:42:29.406+08:002013-09-15T15:42:29.406+08:00The main difference between GST and SST is that GS...The main difference between GST and SST is that GST will cover more goods and services i.e. some items will be taxed that had previously not been covered under sales tax.hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-70056886660121400342013-09-15T14:57:28.995+08:002013-09-15T14:57:28.995+08:00Irwan Srigar has been quoted that GST is a must. I...Irwan Srigar has been quoted that GST is a must. It will collect 27 billion extra taxes.<br /><br />And yet at the same time, it is said that for the consumers the effective tax rate will be less than the current sales tax.?!<br /><br />How can you collect a bigger amount from a lesser tax? Unless of course it means GST will lessen tax fraud.<br /><br />Presumably from the above paper it will GST to prevent tax fraud?noreply@blogger.com