High Value Goods Tax to start in May 2024: cars above RM200k to get another 5% to 10% tax in Malaysia?


First announced as luxury tax, Malaysians will soon face the newly-named High Value Goods Tax (HVGT) starting from May 1, 2024 according to prime minister Datuk Seri Anwar Ibrahim. The new tax, set to be […]

The post High Value Goods Tax to start in May 2024: cars above RM200k to get another 5% to 10% tax in Malaysia? appeared first on Paul Tan's Automotive News.

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