Posts about “Malaysia”

The digital economy, tax, and evolving rules

Thu, May 11, 2017
Digital disruption has laid waste to numerous traditional industries, from the ramifications of internet publishing on the print media to the effects of the Uber and AirBnB models on the car travel and lodging sectors. An increasingly connected (and smartphone-obsessed) population expects this disruption. Today, consumption is all about the now economy. It is now easier than ever, thanks to infrastructural advances in broadband and WiFi, for consumers to access digital content from anywhere in the world.

Malaysia digital tax plan: focus on digital economy

Wed, May 18, 2016
Malaysia is the latest country to reveal plans to tax the digital and sharing economies. On Tuesday (May 17) the Malaysian Treasury Secretary-General Tan Sri Dr Mohd Serigar Abdullah was reported by Bernama (the country’s 24-7 news channel) as having requested the Inland Revenue Board (IRB) to conduct a thorough evaluation of the Malaysia digital tax plan, one that would – if adopted – tax the digital and sharing economies.