MATFA Calls For Urgent Reforms Of Outdated Entertainment Tax Act 1953
KUALA LUMPUR, The Malaysian Association of Theme Parks and Family Attractions (MATFA) has called for urgent reforms of the outdated Entertainment Tax Act 1953, which currently imposes a 25 per cent tax on entertainment activities. MATFA secretariat in a statement today, the association said it strongly supported the recent call made by the Sultan of Pahang Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah to develop and encourage new investments into tourism assets, which include shopping malls, hotels and restaurants to boost the economy. Hence, it said a crucial step towards this goal is the removal of the outdated Entertainment Tax Act,