Author Topic: Tax baby Tax!  (Read 2024 times)

Offline pleasuresaurus

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Tax baby Tax!
« on: February 24, 2023, 03:13:09 PM »
Abo den how aa, turun SG buy is it? Grey market how leh?  ???



sauce:
https://www.malaymail.com/news/malaysia/2023/02/24/budget-2023-government-to-impose-luxury-tax-on-branded-items-capital-gains-tax-on-unlisted-shares/56577

Offline Kesharoo

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Re: Tax baby Tax!
« Reply #1 on: February 24, 2023, 03:57:44 PM »
Don't know what percentage yet or effective date, details required.

Offline bulletnos

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Re: Tax baby Tax!
« Reply #2 on: February 24, 2023, 08:14:15 PM »

Offline Gentlemen101

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Re: Tax baby Tax!
« Reply #3 on: February 25, 2023, 04:09:26 AM »
Could be double whammy for LVMH as they’ll naik harga week ago now incoming Lux tax.

Offline dpkong

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Re: Tax baby Tax!
« Reply #4 on: February 25, 2023, 07:40:07 PM »

can expect a great rush for luxury goods now before the actual tax kicks in..

I think the gov't needs to table any new tax proposals before implementation so it sounds more like sabre rattling to me. PM trying to see if the show generates positive impact from investors before actually doing something.

Of more interest is the tax increase for T20 and tax reduction for M40

Offline jbboy12

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Re: Tax baby Tax!
« Reply #5 on: February 26, 2023, 09:44:55 PM »

Offline dpkong

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Re: Tax baby Tax!
« Reply #6 on: February 27, 2023, 07:55:13 AM »

So.. is the new PM destined to become another flip-flip gov't?


Offline jbboy12

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Re: Tax baby Tax!
« Reply #7 on: February 27, 2023, 09:02:25 AM »

So.. is the new PM destined to become another flip-flip gov't?

It could well be but they should be afforded something which they've never had - time. I'd probably give it 2 GEs to make an assessment provided they can win the next one :p

Offline dpkong

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Re: Tax baby Tax!
« Reply #8 on: February 27, 2023, 09:13:13 AM »

So.. is the new PM destined to become another flip-flip gov't?

It could well be but they should be afforded something which they've never had - time. I'd probably give it 2 GEs to make an assessment provided they can win the next one :p

So much optimism.. 

Flip-flops, empty rhetoric and eager backstabbers in his inner circle... I think he has a hard time holding onto the seat for even one term.