At the tabling of the 2019 Malaysian budget (#Belanjawan2019) today Finance Minister, Lim Guan Eng announced that international online streaming and other online-based services like Netflix, Spotify and Steam, among others, will be subjected to tax from January 1, 2020.
This move is to level the playing field between local and international online-based service providers, according to the premier.
The amount of tax that will be levied on these services and how it will be implemented is not revealed as yet but this will mean that the popular services will cost more come January 2020.
Recently, in its quarterly financial report for Q3 2018, Spotify announced that the platform has 191 million monthly active users, 87 million of which are paid. This translates to a 28% increase in the active monthly users compared to the same quarter last year while active paid users increased 40%.
This post is brought to you by HUAWEI. In Q1 2024, HUAWEI captured an impressive…
Telekom Malaysia (TM) has acknowledged a cable theft incident in Tanjung Bungah, Penang involving their…
Acer has launched the Acer Revo Box Mini PC here in Malaysia. Offered in two…
One of the most common questions that we get whenever there is a new car…
As 2024 comes to an end, Samsung appears to be preparing for the launch of…
Proton e.MAS 7 is finally ready to make its mark in the local automotive market.…
This website uses cookies.