Annuar Musa: Tax holiday to cost government RM14b
The federal government will lose approximately RM14 billion from zero rating the Goods and Services Tax (GST), the Umno secretary-general said yesterday.
(MMO) – Ketereh MP Tan Sri Annuar Musa said during a ceramah in Jalan Haji Said that the Pakatan Harapan (PH) government was abandoning an efficient tax collection system.
“It’s okay if we (Barisan Nasional) fall, if PH’s promise is true, that when there is no more GST, the people will profit greatly.
“But do you know what happens now? One month. In just one month of the GST system, people can collect RM3.6 billion in taxes. For the people, in one month. One year? RM44 billion,” he said.
