Malaysia legislation
Section 10
Section 10
(2)
The formulation of revenue policy shall be based on the following objectives:
(a)
to achieve sufficient and sustainable revenue generation in the medium term and long term;
(b)
to manage and administer revenue consistent with international best practices;
(c)
to have an efficient tax system and fair legislative framework; and
(d)
to maintain a reasonable degree of predictability and stability of tax policy.
Revenue policy