Lazada Malaysia ready for digital tax, to “work closely” with government
The Malaysian government is set to implement a digital tax on all foreign digital service providers from January 2020, and Lazada Malaysia says that they are ready to embrace the tax.
Referring to Lazada’s position as a major e-commerce player in the nation , Kevin Lee says that Lazada has the responsibility to “drive the change behind the thinking, behind the policy” regarding digital tax.But there’s a certain amount of ambiguity here. Digital tax, referring to the proposed amendment to the, covers “foreign service providers” who sell goods or provide services in Malaysia.
“This is incorrect as it will only be imposed on services paid to the online company or in application . Items under e-commerce have already been subjected to import duty and sales tax.” So the tax would clearly apply to online service providers such as Netflix, or Spotify. But how does it apply to e-commerce players, or the dealers that operate within the ecosystem? Perhaps the most logical inference here would be that the MD is referring here to goods that are sold by local businesses on foreign-owned platforms/entities, such as Lazada. However, it would seem that foreign dealers/retailers that sell goods through e-commerce platforms would still be taxed.
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