Malaysia Service Tax 2024. The kpmg member firm in malaysia has prepared its monthly report for december 2024, covering the following income tax, stamp duty, indirect tax, and individual tax. 2) regulations 2024 has been gazetted to make amendments to the service tax regulations 2018 (“str 2018”), which include amongst others the long.
The malaysian sales and services tax (sst) was reformed, maintaining the sales tax rate and hiking the service tax from 6% to 8% starting 1 march 2024. The royal malaysian customs department (rmcd) on 28 february 2024 issued the following service tax policies (stps) and “frequently asked questions” (faqs).