From creation to consumption - SME perspective

By Dr. Tan Thai Soon

The person who creates goods/services should get tax break or lower tax (CT)

The person who consumes goods/services should get tax (GST)

Malaysian SMEs create more goods/services, jobs and national income, but get tax and face many challenges.

Wealthy citizens generally consume more goods/services, but without paying consumption tax.

GST provides a fair and broad-based consumption tax.