What is one benefit of implementing Artificial Intelligence (AI) in tax systems, as seen in Australia?

Enhances accuracy and reduces errors

What is the main objective of using direct control in taxation by the Malaysian government?

To legally enforce tax compliance through audits and penalties

What is the main risk of relying heavily on indirect taxes like SST?

It is regressive and burdens the poor more

What does the Tanzi effect refer to in the context of tax revenue?

Inflation reduces the real value of delayed tax collection

Which of the following is an example of direct control in Malaysia’s tax system?

Mandatory registration for Sales and Service Tax (SST)

What is one major consequence of Malaysia's large informal (hidden) sector?

Loss of potential tax revenue for the government

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INSUFFICIENCY OF TAX CONTRIBUTION IN MALAYSIA

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Answers

1
What is one benefit of implementing Artificial Intelligence (AI) in tax systems, as seen in Australia?
Eliminates the need for tax payments
Increases manual paperwork
Enhances accuracy and reduces errors
Delays tax collection
2
What is the main objective of using direct control in taxation by the Malaysian government?
o reduce tax rates for small businesses
To legally enforce tax compliance through audits and penalties
To allow taxpayers to choose whether to report income
To give rewards for declaring taxes early
3
Which of the following is a recent tax reform introduced by the Malaysian government?
Luxury Property Tax
Low-Value Goods Tax (LVGT
Digital Services Tax (DST)
Goods and Services Tax (GST)
4
Wealth tax is determine based on
Bond and mortages
Total annual income
Net value of assets
5
What is the main risk of relying heavily on indirect taxes like SST?
It increases government transparency
It reduces inflation
It is regressive and burdens the poor more
It benefits low-income earners
6
Which of the following is a direct tax in Malaysia?
Excise Duty
Sales and Service Tax (SST)
Customs Duty
Corporate Income Tax
7
What does the Tanzi effect refer to in the context of tax revenue?
Higher tax rates encourage business investment
Government increases spending during economic crisis
Inflation reduces the real value of delayed tax collection
Taxpayers move to a higher tax bracket due to income growth
8
Which of the following is an example of direct control in Malaysia’s tax system?
Providing cashback for using e-filing portals
Encouraging voluntary tax compliance through public awareness only
Mandatory registration for Sales and Service Tax (SST)
Offering tax discounts for early payment
9
What is one major consequence of Malaysia's large informal (hidden) sector?
Increase in foreign direct investment
Loss of potential tax revenue for the government
Improved tax compliance among small businesses
Higher income equality
10
Which country did not have wealthy tax?
Switzerland
Norway
Greece
Spain

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