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Assessing The Impact Of The Proposed Low Value Goods Tax

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Online shopping has been on the upward trend with many of us finding it convenient to purchase what we need online. A bulk of these purchases are actually low-value goods buoyed by impulse buying due to the low price point. The dewan rakyat has recently passed an amendment to the Sales Tax which will allow these low-value goods to be taxed. To get some insights into this new tax and its potential impacts, we speak to Zen Chow from YYC Tax consultants.


Image Credit: Shutterstock | Iurii Motov

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