Kumbhar Desai's comment on OCR. All Comments
Kumbhar Desai
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A 6% service tax will apply to construction companies with annual revenue over RM1.5 million. However, residential buildings and public facilities within residential areas are exempt, so most of OCR’s projects won’t be affected

https://theedgemalaysia.com/node/758356
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MIkey Chan
6% SST hasn't confirmed yet. Construction stocks are having a good run though
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Kumbhar Desai
I think they are gazetted already and will come into effect on July 1st
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Luke Low
Hard to say, maybe later chicken out again like the SST revision for logistic services last time
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MIkey Chan
Those ain't TACO (Trump Always Chicken Out) deal la. haha
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Simon Reyes
Not only trump, gomen here also always chicken out one la
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