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Malaysia needs more tax revenue to fund expenditure: OECD
Published Wed, Nov 16, 2016 · 09:50 PM
Kuala Lumpur
THE Organisation for Economic Co- operation and Development (OECD) has advised Malaysia to extract more from its goods and services tax (GST) and to increase the number of taxpayers because higher tax revenue will be needed to fund its growing fiscal expenditure amid a greying population.
Its recommendations - which include reducing the number of exempt or zero-rated it…
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