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Labrish
Nyuuz
Sabah businesses buckle under tax pressure, warns Shafie
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[QUOTE="Munyaradzi Mafaro, post: 79057, member: 636"] The president of Parti Warisan, Datuk Seri Shafie Apdal, claims excessive taxes are crushing businesses in Sabah. He says multiple tax layers prevent companies from reinvesting and growing, with some forced to shut down or move operations to other countries. A major issue is businesses paying large sums upfront, then waiting years for refunds, creating severe cash flow problems that threaten jobs and local family incomes. Shafie criticized aggressive tax collection targets set by authorities, arguing that enforcement should consider what businesses can actually afford instead of just chasing numbers. He also pointed to problems with the electronic invoice system, where confusing and incomplete documentation requirements make compliance a slow, inefficient hassle. He called for practical reforms to create a fairer system, including simplified rules, faster refunds, and taxes based on reasonable profit levels. These changes, he argued, would help companies stay, invest, and keep creating jobs in Sabah. [/QUOTE]
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Nyuuz
Sabah businesses buckle under tax pressure, warns Shafie
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