High Value Goods Tax (HVGT) Axed: Government Backtracks on Luxury Tax Plan

2025-07-30
High Value Goods Tax (HVGT) Axed: Government Backtracks on Luxury Tax Plan
Paul Tan's Automotive News

In a surprising turn of events, the Malaysian government has officially abandoned its proposal to implement the High Value Goods Tax (HVGT). This decision, confirmed following a sitting of the Dewan Rakyat on July 29, 2025, brings an end to over a y ...Read more

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