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consumption tax

Singapore economy

DPM Lawrence Wong signals rich may have to pay more taxes

Wong said the government intends to stick with its plan to raise the consumption tax next year to 8% from 7%.

Malaysia

What new taxes will Malaysia unveil in next year's budget? Investors brace for the worst

(Oct 17): Malaysia is keeping investors guessing as to what new taxes will be unveiled in next year’s budget. For now, the market is bracing for the worst: capital gains and consumption taxes.
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