Malaysia today starts levying goods and services tax (GST) at 6%, replacing sales and services tax. Advisers report grey areas, especially in the healthcare and financial sectors, though say that Malaysia's Revenue and Customs Department (RMCD) has been acting to provide clarity by filling in the gaps.
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Ireland’s Department of Finance reported increased income tax, VAT and corporation tax receipts from 2024; in other news, it’s understood that HSBC has agreed to pay the French treasury to settle a tax investigation