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00:04Recently, many business people have inevitably been concerned about the Sales and Service Tax (SST).
00:10nervous
00:10Especially tenants in shopping malls
00:13In addition to being required to pay a 6% service tax on the leasing sector, they also have to pay...
00:17Nowadays, even extra charges for water and electricity...
00:20The possibility of being subject to a 6% service tax may trigger concerns among businesses about double taxation.
00:26Tax concerns
00:26According to the New South Wales Daily
00:28They obtained information that a large domestic chain shopping mall had sent a document to its tenants.
00:33Circular
00:33The content clearly states that in addition to the rent...
00:36Electricity, water, chilled water, and air conditioning costs, etc.
00:41It will also be subject to a 6% service tax.
00:43Facing the government's impending implementation of this measure
00:47Malaysian Shopping Center Association President Pan Ruilian and other business organizations
00:51A joint letter to the Customs Department and the Ministry of Finance
00:54The authorities are urged to review the relevant policies.
00:57To avoid ultimately increasing the merchant's operating costs.
01:00And pass the burden on to consumers and the people.
01:03Second Finance Minister Amir Khanza recently visited the Ministry of Finance office in the capital city.
01:07In an interview with Xinzhou Daily
01:09It also responded to the complaints from business owners.
01:11He promised that the government would clarify the relevant mechanisms in the near future.
01:15To avoid businesses incurring unnecessary tax burdens due to incorrect operations.
01:20bear
01:20Amir Khanza said the government has received relevant feedback.
01:24The relevant situation is currently under investigation.
01:26Examine whether there are issues with the existing system that require adjustment.
01:29Or is it that some business operators misunderstand the operating methods?
01:33The authorities hope to provide some clarification on this matter within the next month.
01:38He also explained.
01:39Regarding the so-called complaint about double taxation
01:42This may stem from the way the bill is processed.
01:45He said that when merchants combine all different items into one total amount...
01:50Sales and service tax will apply to the entire amount.
01:54The Second Finance Minister then gave an example.
01:55If only some of the services listed on the bill are subject to taxation
02:00So, businesses can actually split the bill in two and calculate it separately.
02:04List the material costs and professional service fees separately.
02:08And clearly explain all charges to customers.
02:12This structured approach is the real solution.
02:16But Amelie also knew
02:17Often, merchants are reluctant to list their bills in full detail.
02:22Because this could allow more people to see how much they earn.
02:26Therefore, the merchant simply calculates a total.
02:29It is difficult for consumers and regulatory authorities to make a judgment.
02:32There are various costs and profit margins involved.
02:34Therefore, the government is considering providing education and explanations.
02:38As long as shopping malls and businesses adopt the correct operating methods
02:41Some of the tax issues you face may be resolved directly.
02:45However, Amir Khanza also admitted that...
02:47Ultimately, it depends on whether the seller is willing to maintain transparency in the transaction.
02:52GZ's interview also marks Amir Khanza's first time serving as Second Finance Minister.
02:56This is my first interview with a Chinese media outlet.
02:58He also discussed the scandals involving the Pilgrims Fund.
03:03It also revealed the actions the government was about to take.
03:06Amir revealed that the government is preparing for the next parliamentary session.
03:10Enhancement of the 1995 Pilgrimage Fund Board Act Amendment
03:13Active political figures are explicitly prohibited from joining the board of directors.
03:17The Board of Directors of the Pilgrimage Fund has also adopted the proposal of the Royal Commission of Inquiry.
03:21Suggestions
03:22No active political figures are currently involved.
03:25In addition to prohibiting politicians from serving as directors
03:28The government must also learn from past lessons.
03:31Further improve the direction of funding and investment affairs
03:34And examine the relevant regulatory mechanisms
03:37This includes completing forensic audits and other related work.
