KUALA LUMPUR: The possibility of reviving the Goods and Services Tax (GST) remains open, says Economy Minister Rafizi Ramli.
He said that although current plans are focused on the introduction of the capital gains tax next year, other forms of taxation will also be considered.
“I prefer to keep that strategy open. We will decide on a case-to-case and year-to-year basis,” he told reporters yesterday after attending the tabling of the 12th Malaysia Plan Mid-Term Review in Parliament yesterday. Last Wednesday, MCA president Datuk Seri Dr Wee Ka Siong suggested the government reintroduce GST with several improvements such as an exemption list, zero-rated supply, and giving financial aid to the poor with the increased government revenue.
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