SME group welcomes low-value tax as enforcement evens out competition for locals

KUALA LUMPUR, Dec 18 — Malaysia’s Small and Medium Enterprises Association (Samenta) said today it welcomes the government’s 10 per cent tax on low value goods (LVG) bought from foreign marketplace platforms.

Its president Datuk William Ng called the tax a competition leveller and is confident it will boost local businesses.

We have been among the early proponents of this equalising tax…