Along With Taxes and Death, Add 'Deficits' to Life's New Norms

Veerinderjeet Singh, Chairman of Tricor Malaysia and President of Malaysian Institute of Certified Public Accountants

23-Jun-20 07:45

Along With Taxes and Death, Add 'Deficits' to Life's New Norms

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Less than two of every ten Malaysians are taxpayers, while Covid-19 has savaged corporate taxes.

With a tax-collection shortfall that's been exacerbated by record-low oil prices in an energy-exporting nation, the government has a looming policy and fiscal time bomb on its hands.

Veerinderjeet Singh, Chairman, Tricor Malaysia and President, Malaysian Institute of Certified Public Accountants, explores these and other related issues.

Produced by: Arleen Webber

Presented by: Roshan Kanesan, Noelle Lim, Khoo Hsu Chuang

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Categories: Politics, Law and Legal Matters, Business Analysis, Trends and Forecasts, Markets, Social Issues, Investments

Tags: tax, Covid-19, income tax, Malaysia, GST, Penjana,

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