SHAFUDAH TABLES BILL TO ESTABLISH TAX COURT

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The Minister of Finance, Erica Shafudah, has tabled the Income Tax Amendment Bill to establish the Tax Court to adjudicate income tax and value-added tax appeals.

No More VAT on Sanitary Products

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No value-added tax will be charged on sanitary pad products as of early next year.

The Ministry of Finance and Public Enterprises announced in a statement that the No Value Added Tax Amendment Act, 2022, will come into effect on January 1, 2023.