Malaysia Sales and Services Tax - SST  2006-2018 | Data | Chart | Calendar

The Sales Tax Rate in Malaysia stands at 10 percent. Sales Tax Rate in Malaysia averaged 9.08 percent from 2006 until 2018, reaching an all time high of 10 percent in 2007 and a record low of 6 percent in 2015.

Malaysia Sales and Services Tax - SST
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Malaysia Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 24.00 24.00 30.00 24.00 percent [+]
Personal Income Tax Rate 28.00 28.00 28.00 25.00 percent [+]
Sales Tax Rate 10.00 6.00 10.00 6.00 percent [+]
Social Security Rate 20.00 20.00 25.29 20.00 percent [+]
Social Security Rate For Companies 12.00 12.00 13.78 12.00 percent [+]
Social Security Rate For Employees 8.00 8.00 11.50 8.00 percent [+]

Malaysia Sales and Services Tax - SST

On September 1st 2018, a new tax regime was introduced in Malaysia: the Sales and Services Tax (SST) was reintroduced to replace the unpopular Goods and Services Tax (GST). Under the new SST, goods are taxed between 5 to 10 percent and services at 6 percent. The GST, which covered a broader range of items and services compared with the SST, was introduced on April 1st 2015 and was set at 6 percent as part of the Government’s tax reform program to enhance the capability, effectiveness and transparency of tax administration and management. In Malaysia, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Malaysia. This page provides - Malaysia Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Sales and Services Tax - SST - actual data, historical chart and calendar of releases - was last updated on October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
10.00 6.00 10.00 6.00 2006 - 2018 percent Yearly

sales tax rate by Country
Country Last
Italy 22.00 Dec/18
Argentina 21.00 Dec/18
Netherlands 21.00 Dec/18
Spain 21.00 Dec/18
Euro Area 20.80 Dec/18
France 20.00 Dec/18
United Kingdom 20.00 Dec/18
Germany 19.00 Dec/18
India 18.00 Dec/18
Russia 18.00 Dec/18
Turkey 18.00 Dec/18
Brazil 17.00 Dec/18
China 17.00 Dec/18
Mexico 16.00 Dec/18
South Africa 15.00 Dec/18
Australia 10.00 Dec/18
Indonesia 10.00 Dec/18
South Korea 10.00 Dec/18
Japan 8.00 Dec/18
Switzerland 7.70 Dec/18
Singapore 7.00 Dec/18
Canada 5.00 Dec/18
Saudi Arabia 5.00 Jan/18
United States 0.00 Dec/18