On 6 July 2026, TEAM, as a member of the Malaysian Timber Association (MTA), together with MWIA, MWMJC, STIA, and PEKA, met YBhg Datoโ John Patrick, Under Secretary of the Tax Division, Ministry of Finance (MoF).
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MTA proposed ๐๐ฑ๐๐ฆ๐ฉ๐ญ๐ข๐ง๐ ๐ฌ๐๐ฐ๐ฆ๐ข๐ฅ๐ฅ๐ฌ ๐๐ซ๐จ๐ฆ ๐ซ๐๐ ๐ข๐ฌ๐ญ๐ซ๐๐ญ๐ข๐จ๐ง ๐ฎ๐ง๐๐๐ซ ๐.๐.(๐) ๐๐๐, a measure anticipated to resolve up to 80% of the industryโs current challenges. The ๐๐จ๐
๐ซ๐๐ฌ๐ฉ๐จ๐ง๐๐๐ ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐ฏ๐๐ฅ๐ฒ, agreeing to review and evaluate the proposal.
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In addition, ๐๐๐๐ ๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ๐๐ ๐ญ๐ก๐ ๐ซ๐โ๐๐ฑ๐๐ฆ๐ฉ๐ญ๐ข๐จ๐ง ๐จ๐ ๐ฌ๐๐ฐ๐ง ๐ญ๐ข๐ฆ๐๐๐ซ (๐๐ ๐๐จ๐๐ ๐๐๐๐) ๐๐ซ๐จ๐ฆ ๐๐๐, reinforcing the industryโs call for relief on upstream activities and reducing compliance burdens.
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TEAM and MTA remain committed to advancing this SST matter to ensure the continuation and sustainability of all industry members.
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