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Earning RM2 million or more a year? Get ready to face 30% tax rate

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The super-rich will have to pay more tax in 2020. The tax rate for the top income bracket - RM2 million and more per annum - will increase to 30 percent, up from the present 28 percent.
This is expected to affect only 2,000 people.
On Jan 1, the new digital tax will also take effect. This tax covers services such as media streaming and digital advertising.
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