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🇲🇾 Malaysia /Economy & Trade

Government Expected to Broaden Scope of Fairer Taxes

From Utusan Malaysia · () Malay

Translated from Malay and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources New plan
  • Malaysia’s government is expected to introduce new taxes or expand existing tax coverage in Budget 2027.
  • The proposed approach would focus on tax fairness and the new economy instead of broad-based increases, an economist said.
  • Possible measures include expanding taxes on high-value goods, although the source description is incomplete.

Malaysia’s government is expected to use Budget 2027 to widen the tax base, but not through blanket increases. The focus is likely to be on tax fairness and the demands of a new economy.

Several new taxes could be introduced, while the scope of existing taxes may also expand. The approach would mark a shift toward more targeted measures rather than raising taxes across the board.

Associate Professor Dr Aimi Zulhazmi Abdul Rashid, an economist at Universiti Kuala Lumpur, said possible measures could include expanding taxes on high-value goods. The source description ends before providing further details.

About this summary

Originally published by Utusan Malaysia in Malay. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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