September 3, 2017

New Taxes to Help Fund Tourism Investments in Malaysia

Infrastructure and tourism-related programmes will be among the beneficiaries of a new tourism tax on hotel stays that the government is imposing to help fund expansion of the country’s tourism offering. Revenue from the tax – which will apply only to stays by foreign tourists – will be reinvested back into the industry and its supporting infrastructure, according to Datuk Seri Nazri Aziz, the Minister of Tourism and Culture. A