The Malaysian company has committed to introduce sales and service tax (SST) to replace the goods and

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The Malaysian company has committed to introduce sales and service tax (SST) to replace the goods and service tax (GST), taking effect on 1 September 2018 (Dr Choong Kwai Fatt, Accounting and Business, July/August2019).

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Analyse the differences of the GST and SST with focusing on the concept, tax rates, advantages and disadvantages.

Related Book For answer-question

Principles of Corporate Finance

ISBN: 978-1260013900

13th edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen

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Posted Date: Jul 04, 2020 05:11 AM

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The Malaysian company has committed to introduce sales and service tax (SST) to replace the goods and

Question:

Expert Answer:

Sales and Services Tax SST The Sales Tax is only imposed on the manufacturer level the Service Tax is imposed on consumers that are using tax services SST rates are less transparent than the GST which ... View the full answer

Principles of Corporate Finance

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