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Tax cuts to spur growth, consumption in KL Budget 2018?

Some analysts think such a measure would increase business competitiveness and encourage investments

Published Wed, Oct 11, 2017 · 09:50 PM

Kuala Lumpur

COULD tax cuts be included in Malaysia's 2018 Budget to be tabled in a fortnight?

Some analysts think the measure ought to be a consideration as a cut in corporate taxes would increase business competitiveness and encourage investments while a reduction in personal taxes would support private consumption which has spurred GDP growth to 5.7 per cent in the first half.

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