Role for gst in a post-covid 19 era

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Malaysia tax structure may need to be adapted for a post-Covid-19 era to restore public finances and fund future growth. Organization for Economic Co-operation and Development (OECD) said that policymakers should consider the best way to boost tax revenue to support solid growth, including through sufficiently strong and sustainable stimulus, as this will expand tax revenues. Although Sales and Service Tax (SST) 2.0 had been introduced for more than two years, the opportunity for the Good and Services Tax (GST) to positively feature the government's ultimate tax landscape cannot be overlooked.

Required:

Critically discuss and support your opinion whether there is a role for GST in a post-Covid 19 era or to remain with SST 2.0 in the Malaysia tax system landscape

Reference no: EM132944544

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