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 Malaysia not collecting enough tax, second lowest in our region

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KenM
post Nov 30 2025, 02:36 PM

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QUOTE(etan26 @ Nov 30 2025, 12:17 PM)
Isn't not enough, it's banyak lari tax .....too many leakages.
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with e invoice, let's see how far they can run..
with this system, when big ticket items are purchased, your TIN is a must... sooner rather than later, LHDN will come a calling..

KenM
post Nov 30 2025, 03:01 PM

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QUOTE(etan26 @ Nov 30 2025, 01:41 PM)
It doesn't cover all businesses  lo ....
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for those who do business less than rm500k/yr... but if the person buys a car, or from a company over that limit, they will require your details...
the government may revert to every businesses, bo one knows..
KenM
post Nov 30 2025, 03:28 PM

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QUOTE(etan26 @ Nov 30 2025, 02:17 PM)
Who would be on a right mind to buy cash for a over limit business sales revenue. You don't understand the reason for the below 500k annual sales thing meh... you see all those roadside stalls & warong warong ...got it?
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those who buy from the warong, would eventually need to but a big ticket item... or even the warong seller may need to buy a big ticket item..
so their details will be captured...so eventually everyone will be contributing to taxes and it will add to the total collection...
only tax n death are certain..


 

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