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Deloitte: Taxation on foreign sourced income a significant change and will increase tax bill of companies with overseas ops

Budget 2022 expects an increase in tax collection, with corporate tax collection anticipated to rise to above 2019's pre-pandemic numbers, which is optimistic but challenging if businesses are still trying to bounce back from Covid-19, said Deloitte Malaysia tax leader Sim Kwang Gek.
Kuala Lumpur Sim Kwang Gek European Union Disclosure Programme Home Ownership Campaign Deloitte Malaysia

Budget 2022: 'Cukai Makmur' reflects spirit of shared prosperity, says Deloitte Malaysia | Malaysia

KUALA LUMPUR, Oct 30 — The proposed one-off “Cukai Makmur” (Prosperity tax) announced in Budget 2022 yesterday, instead of a windfall tax, supports the government’s initiative, as those enjoying extraordinary profits from the Covid-19 pandemic could assist those adversely affected in the...
Kuala Lumpur Sdn Bhd Shafwan Zaidon Tengku Zafrul Abdul Aziz Cukai Makmur Farah Rosley

Jump-starting tax collections

THE re-opening of most, if not all, economic sectors since the re-implementation of Covid-19 lockdown measures means that the upcoming Budget 2022 proposals would be a vital catalyst enabling our country to fulfill its international commitments as well as improve tax collection and raise tax revenue.
European Union Services Tax Disclosure Programme Tax Deduction Inland Revenue Board Coordinated Audit Review

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Deloitte: Govt may consider extending HOC campaign to the secondary markets

KUALA LUMPUR, Oct 22 (Bernama) -- The government may consider extending the Home Ownership Campaign (HOC) campaign to the secondary markets, thereby providing a wider range of properties for homebuyers to choose from, according to Deloitte Malaysia.
Kuala Lumpur Royal Malaysian Customs Department Service Tax Services Tax Disclosure Programme Home Ownership Campaign

BBCNEWS BBC News October 5, 2021 12:40:00

But as you can see we have made a start, but very little else is happening. the government has set some really strong housing targets, and they will not be achievable if we are unable to bring this new pool of talent through into this industry. in terms of the price of housing, i think we are going to get to a point where some of those costs just wont be able to be passed on to the consumer. there is only so far that anyone can afford to pay for a property these days. children creating content o...
Housing Targets Bbc News Emily Brown Disclosure Programme 30 Million 130 Million Dollars

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