Langkawi's tax-free status not meant to help reduce taxes on luxury cars — Liew Chin Tong
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Langkawi's tax-free status not meant to help reduce taxes on luxury cars — Liew Chin Tong
Deputy Finance Minister Liew Chin Tong says changes to the duty and tax exemption policy for vehicles were introduced not only to address revenue leakage but also to discourage such business practices. KUALA LUMPUR (Oct 26): The duty-free status of Langkawi is not intended to allow wealthy individu»»»
Langkawi’s duty-free overhaul: RM300,000 vehicle price cap and RM10,000 spending limit
KUALA LUMPUR, Oct 26 — The duty-free status of Langkawi is not intended to allow wealthy individuals to keep luxury vehicles on the island for several years before bringing them into the Principal Customs Area to avoid paying higher taxes. Deputy Finance Minister Liew Chin Tong said changes to the »»»
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