THE MALAYSIAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS (INSTITUT AKAUNTAN AWAM BERTAULIAH MALAYSIA)

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PUBLICATION : Broadcast Media Coverage SECTION : RTM 1/ RTM 2/ TV 3/ NTV 7 DATE : March 27, 2012 TITLE : MICPA 53rd Commemorative Lecture

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Language Title

RTM 1 (8:00 p.m.) Bahasa Malaysia (1.44 Minutes)

Kenalpasti System Cukai Terbaik, Datuk Seri Idris Jala

RTM 1 (8:00 p.m.) Bahasa Malaysia

(1.32 Minutes) Masih Landasan Betul Capai

Negara Maju – Datuk Seri Idris Jala

RTM 2 (8:30 p.m.) English (1.23 Minutes)

Kenalpasti System Cukai Terbaik, Datuk Seri Idris Jala

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TV3 (8:00 p.m.) Bahasa Malaysia (50 Seconds)

Rasionalisasi subsidi dibuat secara berperingkat - Datuk Seri Idris Jala

TV 3 (5:30 p.m.) English

(1.1 Minutes) GST Should Not be Politicized–

Datuk Seri Idris Jala

TV 3 (8:00 p.m.) Bahasa Malaysia (1.03 Minutes)

Jangan Jadikan Pengenalan GST Isu Politik- Datuk Seri Idris Jala

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Language Title

NTV 7 (7:00 p.m.) Bahasa Malaysia (56 Seconds)

Pelaksanaan GST Tidak Harus dipolitikkan – Datuk Seri Idris Jala

NTV 7 (8:00 p.m.) English

(1.1 Minutes) GST will make Malaysia More

Competitive – Datuk Seri Idris Jala

NTV 7 (9:30 p.m.) Chinese (2.07 Minutes)

GST will make Malaysia More Competitive – Datuk Seri Idris Jala

THE MALAYSIAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS (INSTITUT AKAUNTAN AWAM BERTAULIAH MALAYSIA)

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PUBLICATION : Bernama SECTION : Business DATE : March 27, 2012 TITLE : MICPA 53rd Commemorative Lecture - Don’t Politicise GST, Says Idris Jala Kuala Lumpur, March 27 (Bernama) – The Implementation of the goods and services tax or GST should not be politicised, Minister in the Prime Minister’s Department, Datuk Seri Idris Jala said today. Idris Jala, who is also the Chief Executive Officer of the Performance Management and Delivery Unit (PEMANDU), said the GST would make Malaysia more competitive. The implementation of the GST will create room for the country to lower corporate and individual taxes, he told reporters after delivering the Malaysian Institute of Certified public Accountants 53rd Anniversary Commemorative Lecture here. However, he said that the GST would not be implemented anytime this year, as it would take at least one year from the time of announcement to the actual implementation date.

THE MALAYSIAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS (INSTITUT AKAUNTAN AWAM BERTAULIAH MALAYSIA)

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PUBLICATION : The Sun Daily SECTION : Business DATE : March 28, 2012 TITLE : Jala Calls on Political Parties to Deal with GST Together KUALA LUMPUR (March 28, 2012): Minister in the Prime Minister's Department Senator Datuk Seri Idris Jala calls on political parties to put aside their differences and come together to discuss the broad-based consumption tax on goods and services (GST), which will bring additional revenue for the country. Jala, who is also the CEO of Performance Management and Delivery Unit (Pemandu), said both sides should sit down together to ensure that they agree on the Goods and Services Tax (GST). If the GST is implemented, he said, Malaysia can generate additional revenue to pay its debt and invest in the future. He was speaking to reporters after delivering a lecture on "Economic Transformation Programme Update" organised by The Malaysian Institute of Certified Public Accountants (MICPA) yesterday. "In my view we must introduce GST. In Malaysia, out of the 28 million people, only 1.7 million people are paying tax. We are relying on the 1.7 million people that carry the burden. When we have consumption tax, which is the GST, it means we spread the burden across," he said. Jala said it is also an opportunity to reduce the corporate tax and enable companies to become more competitive. "We can also help reduce personal income tax. That's why most countries have gone down the path," he said, noting that 143 countries have already implemented GST. Jala said GST will have a positive impact on the country's fiscal position. He said if the GST is 4%, the country will be able to achieve a revenue of RM6.3 billion in two years. At 5%, the revenue will be RM9.7 billion in two years while at 7%, it will be able to register RM25.7 billion in two years.

However, he said there is a need for the public to understand GST and its effect on the country. "In fact, many countries that have implemented GST make staple items such as rice non-GST. I think education is the key in creating greater awareness," he said. Jala said Malaysia is also on track to achieve the per capita Gross National Income (GNI) of US$15,000 (RM48,000) by 2020. The per capita GNI currently stands at US$9,400.

THE MALAYSIAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS (INSTITUT AKAUNTAN AWAM BERTAULIAH MALAYSIA)

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PUBLICATION : Oriental Daily SECTION : Business DATE : March 27, 2012 TITLE : MICPA 53rd Commemorative Lecture （吉隆坡27日讯）表现管理与传递单位（PEMANDU）指出，实行物品消费税（GST）是长期解决政府財政赤字的良策，並希望朝野两派在国內大选举行后能够理性探討落实消费税的

可行性及达成共识。

表现管理与传递单位首席执行员拿督斯里依德利斯嘉拉（IdrisJala）认为，消费税制能在几年內抵消政府沉重的赤字负担，同时，也能够降低人民的所得税，希望政府在短期內制定消

费税收制。

依德利斯指出，目前GST在国际上已获得认可，他举例，包括苏丹及索马里等落后国家在內，共有143个国家皆已实施GST，以多元国库收入。他补充，国人误解一般主要產品都是GST的税收对象，造成GST面对民意阻力，当局宜灌输国人正確的观念以及提升他们对於消费税认识。

「我们希望看到更公平的税制，让有能力缴税的人都履行义务。」

依德利斯指出，一旦政府落实最高达7%的消费税制度，以国內2800万人口计算，可带来257亿令吉的年收入，协助减轻国家的赤字。

但他保守估计，就算各方一致通过消费税，这个攸关全民利益的政策也需要1至2年时间才能真正执行。

「我个人认为，即便此刻难以实行GST，但作为新经济模式（NEM）的关键一环，我们理应予以正视及开始计划实行GST。」

依德利斯指出，国內缴税户达到850万人，但真正缴税的户口只有170万，成为政府资金来源的唯一命脉。

「有了GST，我们能够缓解个人税的部份负担，並且减少企业纳税的依靠。」

分阶段实施津贴合理化

「政府在制定长期的政策如经济转型计划（ETP）与政府转型计划（GTP）確实需要动用大笔开销，因此常处於赤字状態；我们需要设法透过增加税收管道，支撑国家政策。」

谈到PEMANDU暂停最新一轮削减津贴的消息，依德利斯表示，PEMANDU会分阶段实施津贴合理化活动，以迎合人民希望当局在较长的5至7年內逐步削减津贴的要求。

「我们要在政府提供津贴的支出及国人递涨的生活成本之间取得平衡，並按时检討，以避开

一次过实施多项津贴削减的作法。」

此外，依德利斯嘉拉透露，至今人均年收入已达到9400美元，距离2020年的1万5000美元目標越来越近。

依德利斯嘉拉表示，未来隨著国民总收入（GNI）持续成长，加上更多工作机会推出市场及私人投资提升，方能让人均年收入目標达標后更相得益彰。

THE MALAYSIAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS

(INSTITUT AKAUNTAN AWAM BERTAULIAH MALAYSIA)

KERATAN AKHBAR PUBLICATION : Berita Harian SECTION : Ekonomi (E 1) DATE : 28 Mac, 2012 TITLE : Sektor Bukan Minyak Catat Pertumbuhan Ketara

THE MALAYSIAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS

(INSTITUT AKAUNTAN AWAM BERTAULIAH MALAYSIA)

PRESS CLIPPING PUBLICATION : China Press SECTION : Business DATE : March 28, 2012 TITLE : MICPA 53rd Commemorative Lecture

THE MALAYSIAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS

(INSTITUT AKAUNTAN AWAM BERTAULIAH MALAYSIA)

KERATAN AKHBAR PUBLICATION : Harian Metro SECTION : Bisnes (Muka 35) DATE : 28 Mac, 2012 TITLE : Sektor Bukan Minyak Catat Pertumbuhan Ketara

THE MALAYSIAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS

(INSTITUT AKAUNTAN AWAM BERTAULIAH MALAYSIA)

PRESS CLIPPING PUBLICATION : New Straits Times SECTION : Business Times (News) DATE : March 28, 2012 TITLE : ‘We're on Track to High-Income Status’

THE MALAYSIAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS

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PRESS CLIPPING PUBLICATION : Nanyang Siang Pau SECTION : National News (A4) DATE : March 28, 2012 TITLE : MICPA 53rd Commemorative Lecture

THE MALAYSIAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS

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PRESS CLIPPING PUBLICATION : The Star SECTION : StarBiz (P 6, News) DATE : March 28, 2012 TITLE : MICPA 53rd Commemorative Lecture

Put aside differences on GST, says Idris

THE MALAYSIAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS

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KERATAN AKHBAR PUBLICATION : Utusan Malaysia SECTION : Bisnes (Muka 17) DATE : 28 Mac, 2012 TITLE : Kerajaan, Pembangkang Perlu Duduk Semeja

Bincang GST

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