The Sales Tax Rate in Malaysia stands at 10 percent. source: Inland Revenue Board of Malaysia

Sales Tax Rate in Malaysia averaged 9.33 percent from 2006 until 2023, reaching an all time high of 10.00 percent in 2007 and a record low of 6.00 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 June of 2023.

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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 2022
Corporate Tax Rate 24.00 24.00 percent Dec 2022
Sales Tax Rate 10.00 10.00 percent Dec 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
10.00 10.00 10.00 6.00 2006 - 2023 percent Yearly