The government is expected to collect tax revenue of RM700 million a year from the implementation of the luxury goods tax, now known as the high value goods tax (HVGT).
The low-value goods (LVG) tax of 10% on imported items sold online comes into force today but only Shopee is clearly stating to customers that the tax is being charged.
Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil
