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What should the government look into to ensure the effective implementation of the 10% sales tax on low value goods (LVG) imported into Malaysia? Geeta shares that the focus of the implementation should be on encouraging major underlying sellers and online marketplaces to register for sales tax as this will contribute towards revenue growth while keeping administrative costs low. 3 key considerations for a smooth implementation are: • clarity on who should register for the sales tax on LVG regime • having simplified filing and payment systems for overseas registrants • testing the customs clearance system to avoid issues like double taxation Be in the front row for #Budget2023 insights — register for PwC Malaysia's Budget seminar happening on 9 March at: https://pwc.to/3lBdlT7 #Budget2023 #Bajet2023 #Belanjawan2023

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