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 A 10% sales tax will be imposed from Jan 1, on online goods costing below RM500

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ceras
post Dec 15 2023, 09:29 PM

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Extra burden on b40 who are looking to stretch their already tight pockets. Now you want to protect local businesses who wants to maximise their profits instead of helping to cushion b40 problems.


ceras
post Dec 15 2023, 09:32 PM

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QUOTE(Chrono-Trigger @ Dec 15 2023, 09:20 PM)
you can choose

1. Taxation of 10%, ringgit remains stable as government no longer print money but choose the painful path to increase taxation but maintain value of ringgit.

2. No taxation, but ringgit depreciates another 10% due to more deficit and printing of money.
You buy from China, RM300, gomen tax 10%, you pay RM330.

You buy from China, gomen no tax, but ringgit falls 10%, you need RM330 to buy the same amount of good.

Which one  you choose?
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How can you guarantee both scenario 1 & 2? Just making assumptions and it will magically happen?
ceras
post Dec 16 2023, 12:20 PM

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QUOTE(Alternate Gabriel @ Dec 15 2023, 09:40 PM)
Since when buy online is cheap.

Buy groceries item are more expensive than at brick & mortar stores.
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Wow, you have a brilliant comment that no one in the world knows about! If buy online is not cheap, the rakyat must be idiots all this while. Also, if your comment is true, it totally defeats the very reason given for implementing this tax, right?
ceras
post Jan 2 2024, 03:13 PM

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Ya, I saw my basket items already 10% higher in price than when I put them in. I wonder how taobao orders will be handled? Also, when items are returned/cancelled, will the 10% charge also be refunded?

This post has been edited by ceras: Jan 2 2024, 03:19 PM

 

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