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Online services to be taxed starting January 2020 — Steam games to get more expensive?
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Online services to be taxed starting January 2020 — Steam games to get more expensive?

by Vyncent ChanNovember 2, 2018
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Malaysian Finance Minister Lim Guan Eng is still tabling Budget 2019 in the Parliament, and there is some bad news for us gamers already. Imported online services like Netflix, Spotify and Steam will be taxed starting 1st January 2020.

Providers of imported services are required to register with the Customs Department for taxation purposes. The tax to be levied upon the services has not been announced yet, so providers may have to pay between 5% to 10% tax.

Whether the service providers will transfer the cost to consumers remains to be seen, but if they do, we will have to reconsider whether we need any of the services that are imported.

Pokdepinion: Hmm, this tax makes iFlix a much more attractive proposition now, doesn’t it?

About The Author
Vyncent Chan
Technology enthusiast, casual gamer, pharmacy graduate. Strongly opposes proprietary standards and always on the look out for incredible bang-for-buck.

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