Sales Tax Rate in Malaysia remained unchanged at 10 percent in 2021 from 10 percent in 2020. source: Inland Revenue Board of Malaysia

Sales Tax Rate in Malaysia averaged 9.25 percent from 2006 until 2021, reaching an all time high of 10 percent in 2007 and a record low of 6 percent in 2015. This page provides - Malaysia Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Sales and Services Tax - SST - values, historical data and charts - was last updated on November of 2021.

Sales Tax Rate in Malaysia is expected to reach 10.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Sales and Services Tax - SST is projected to trend around 10.00 percent in 2022, according to our econometric models.

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Malaysia Sales and Services Tax - SST


Related Last Previous Unit Reference
Personal Income Tax Rate 30.00 30.00 percent Dec/21
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Malaysia Sales and Services Tax - SST
On September 1st 2018, 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 previous GST regime introduced on April 1st 2015 covered a broader range of items and services at a 6 percent rate. 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.