Following the effective abolition of GST in Malaysia earlier in 2018, the Malaysian authorities have announced the introduction of a sales and service tax which will be effective from 1 September 2018.
Month: July 2018
Malaysia-Sales and Service Tax to be introduced
Russia-Standard rate to increase
Last week, the Russian parliament gave their approval to a rise in the standard rate of VAT applicable in Russia. The current rate of 18% will rise to 20% with effect from 1 January 2019.