Malaysia scrapping GST is bad news for tax departments, as are potential replacements

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Malaysia scrapping GST is bad news for tax departments, as are potential replacements

Kuala Lumpur Malaysia 320x215

Companies must prepare for another rise in tax compliance costs with Malaysia poised to abolish the goods and services tax (GST) after just three years. Analysts warn that tax directors may have to also reassess their accounting, IT and pricing strategies.

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