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Malaysia integrates luxury taxes into sales tax, boosting revenue with rates of 5% or 10%.
Malaysia has scrapped plans for a separate high-value goods tax, instead integrating luxury and discretionary items into its existing sales tax framework at rates of 5% or 10%.
This move is part of broader fiscal reforms aimed at boosting national revenue.
Other new taxes, like the low-value goods tax and service tax on digital services, have also contributed significantly to government revenue.
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Malasia integra los impuestos de lujo en el impuesto a las ventas, impulsando los ingresos con tasas de 5% o 10%.