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Malaysia Regulatory Updates December 2023

Hatice Ozcan

Dec 15, 2023

Malaysia Implements 10% Sales Tax on Low-Value Goods Starting January 1, 2024.

Effective January 1, 2024, the Royal Malaysian Customs Department will enforce a 10% sales tax on cross-border purchases of goods valued at MYR500 or less. This new tax policy applies to all sales to both businesses and consumers in Malaysia.

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