Wednesday, February 22, 2006

GST delayed

The Goods and Services Tax (GST) that was supposed to be introduced on Jan 1st, 2007 has now been postponed. This report from the Star says that the new date will be announced 'later'. The Edge has a fuller report.

Most in the industry were waiting for this announcement - there has after all been a dearth of details about the GST ever since it was mooted in the 2005 Budget. There was not even a mention of the tax at Pak Lah's 2006 Budget last October. So here we have it - GST delayed.


Watch this space.

Technorati tags: GST, Malaysia, Tax

1 Comments:

At 8:13 pm, February 22, 2006, Anonymous Anonymous said...

Also covered here:

http://www.spymy.com/story/548/

 

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