The government is studying the possibility of imposing a tax on digital business platforms in order to create a level playing field between online and non-online businesses, Second Finance Minister Datuk Johari Abdul Ghani said.
He said on Tuesday companies providing digital business platforms generate billions of ringgit in revenue but do not pay tax due to the absence of a tax structure for this kind of business.
"We are not trying to discourage them but we are trying to create a level playing field for all those people that are doing business in Malaysia, and create employment for the people," he told reporters after opening the National Tax Conference 2016 here today.
Click here for Free Signals OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
He said on Tuesday companies providing digital business platforms generate billions of ringgit in revenue but do not pay tax due to the absence of a tax structure for this kind of business.
"We are not trying to discourage them but we are trying to create a level playing field for all those people that are doing business in Malaysia, and create employment for the people," he told reporters after opening the National Tax Conference 2016 here today.
No comments:
Post a Comment