The level of internet penetration in Malaysia has increased substantially, facilitating individuals’ access to online platforms. Significant expansion of online platforms was observed in Malaysia, and this trend has almost certainly persisted or transformed since then. The Malaysian e-commerce industry has been expanding at a consistent rate, with Lazada, Shopee, and Zalora becoming increasingly popular. The proliferation of e-commerce has been aided by the accessibility of diverse payment methods and the convenience of online purchasing.
Low-Valued Goods (LVG) Tax
The tax policies of a nation have a significant impact on its economic environment. Levying taxes on items with little market value is one topic that has received more attention recently.
This article delves into the possible effects of this kind of tax and how it may affect companies, individuals, and the economy as a whole.
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