KUALA LUMPUR: Prime Minister Najib Razak will progressively cut corporate and personal income tax in the next 5 years to continue Malaysia’s shift toward consumption-based taxation, he says in a Tuesday interview in Kuala Lumpur.
Size and timing of tax cuts to depend on oil prices and GST revenue Najib expects his Barisan Nasional coalition to achieve better results in an upcoming election than in 2013
That’s not saying that we will win with a huge majority, no, I’m not going to predict that, but I’m going to say that we are reasonably sanguine about the result.”
Najib says 1MDB issue was due to governance and unsustainable business model
Najib says he’s willing to cooperate with U.S. Department of Justice on 1MDB investigation as long as it’s fair and in line with international protocol
