Govt collects more than RM400m in digital service tax : vimarsana.com

Govt collects more than RM400m in digital service tax


KUALA LUMPUR (Dec 29): The government has so far collected RM428.07 million from digital service providers since enforcement of the Digital Services Tax early this year, said Deputy Finance Minister I Datuk Abd Rahim Bakri.
He said the tax was imposed on, among others, Netflix, Amazon, advertisements on social media platforms such as Facebook and Instagram, as well as applications and games on smartphones.
"This is a new source of revenue for the country and will be enhanced in the future. This collection is not only imposed on local digital service providers, but we have also started efforts to impose the tax on foreign digital service providers,” he added.

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