Anwar: Luxury tax kicks off on May 1, details being finalised

The new High-Value Goods Tax (HVGT) will take effect on May 1 next year, said Finance Minister Anwar Ibrahim.

In a written reply to Chong Zhemin (Pakatan Harapan-Kampar), Anwar said his ministry was in the final policy stages of implementing the new tax, which will require new laws to be made.