12MP review: Option of reintroducing GST remains, says Rafizi

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12MP review: Option of reintroducing GST remains, says Rafizi
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KUALA LUMPUR: Reviving the goods and services tax (GST) still remains an option, says Rafizi Ramli.

Although the current plan is to introduce capital gains tax next year, the Economy Minister said that other forms of taxes would also be considered.

"We will be open and go through whatever way we can to achieve fiscal sustainability through a wider revenue base – whether is going to be capital gains tax, GST or any other forms of direct and indirect taxes. On Wednesday , MCA president Datuk Seri Dr Wee Ka Siong urged Putrajaya to bring GST back with several improvements such as an exemption list, zero-rated supply and giving financial aid to the poor with increased government revenue.

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