Renganathan Kannan, Executive Director of TRATAX, sheds light on Malaysia’s upcoming 10% sales tax on low value goods (LVG) for online purchases from foreign vendors. He explains that the tax aims to maintain neutrality, fairness, simplicity, and effectiveness in the tax system. The implementation is expected to generate additional revenue for the government without causing significant price increases for online spending. Learn more about the LVG tax and its implications from TRATAX.