Tax cuts to spur growth, consumption in KL Budget 2018?
Some analysts think such a measure would increase business competitiveness and encourage investments
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.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Biden now calls ally Japan ‘xenophobic’ along with China, Russia
Japanese companies struggle with yen’s continued weakness
Australia’s March goods trade surplus narrows to more than 3-year low
Hong Kong holds rate as Fed signals inflation concerns
Australian business strength is shocking even its biggest lender
South Korea’s factory activity shrinks in April, but optimism about outlook ticks up