The Future Of Malaysia's FDIs Amid Growing Regional Competition
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English - August 03, 2022 23:15 - 12 minutes - 11.2 MB - ★★★★★ - 2 ratingsBusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Malaysia has agreed in principle to implement a global minimum tax of 15% on multinational companies. Currently, Malaysia's standard corporate income tax rate is 24%, with some MNCs granted tax exemptions and enjoy preferential rates of zero to 10% according to various concession. Dr Geoffrey Williams, Economist at Malaysia University of Science and Technology, talks about how this may impact foreign direct investment into the country.