Putrajaya should define high-value items better in new tax, says Dr Wee
Published on 17 Oct 2023 4:10:37 PM
Putrajaya must further explain the definition of high-value items in its new luxury goods tax, said Datuk Seri Dr Wee Ka Siong (BN-Ayer Hitam).
Dr Wee in Parliament on Tuesday (Oct 17) asked if watches, handbags and jewellery are subject to the new High-Value Goods tax announced in Budget 2024, which would be set at 5 to 10% on specific high-value items based on the threshold value of goods.
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Putrajaya must further explain the definition of high-value items in its new luxury goods tax, said Datuk Seri Dr Wee Ka Siong (BN-Ayer Hitam).
Dr Wee in Parliament on Tuesday (Oct 17) asked if watches, handbags and jewellery are subject to the new High-Value Goods tax announced in Budget 2024, which would be set at 5 to 10% on specific high-value items based on the threshold value of goods.
Read more at https://tinyurl.com/mt6u58v5
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline