The Star - 19th Feb 2023
Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) treasurer-general Koong Lin Loong said the government should broaden its parameters when it came to generating tax revenue. “The existing taxation system needs to be reformed to increase government revenue and ensure its sustainability. This is especially true since a large majority of tax revenue comes from direct taxes, such as corporate and personal income taxes, as well as indirect taxes, which are too narrow,” he said.
