Budget 2022 Commentary By KPMG In Malaysia: Prosperity Tax – Is It A Concern?

To attribute to Tai Lai Kok, Head of Tax at KPMG in Malaysia

KUALA LUMPUR, Oct 29 (Bernama) — The 2022 Budget was tabled by YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz at 4pm today, 29 October 2021.  The mother of all Budgets involves an estimated Government expenditure of RM334.1 billion, the largest ever budget in our nation’s history.

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