Tag - assessment tax

Possible tax hike for KL next year

KUALA Lumpur may follow Selangor’s lead in increasing assessment taxes next year. However, any change would be implemented in phases, likely starting with industrial tax rates, according to Minister in the Prime Minister’s Department (Federal Territories) Dr Zaliha Mustafa. She said discussions on the matter began in early July, emphasising the need to revisit taxation to address...