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Leading through change
Rethink the economic outlook, reset strategies with insights from our industry specialists, and stay updated on Malaysia Budget 2027.
Deloitte Malaysia's Tax Leader, Sim Kwang Gek, calls on authorities to optimise the existing tax framework instead of imposing new taxes, such as resolving the SST cascading effect through clear input apportionment rules, clarifying obsolete investment incentives, easing compliance and e-invoicing costs for businesses, and adjusting personal tax brackets to protect middle-income households from inflation.
Deloitte Malaysia's Indirect Tax Leader, Tan Eng Yew highlights why introducing input tax credits is critical for supply-chain efficiency and export competitiveness as policymakers explore a "hybrid SST" model combining SST with GST-like credit features.
Following the rollout of the Pillar Two Global Minimum Tax (GMT), Deloitte Malaysia's International Tax Partner Kelvin Yee highlighted how multinational corporations must adopt a proactive approach in anticipation for Year 2 compliance.