Beaten to the punch by Singapore on Taylor Swift, Putrajaya says mulling concert tax breaks similar to Thailand’s

1 month ago

Beaten to the punch by Singapore on Taylor Swift, Putrajaya says mulling concert tax breaks similar to Thailand’s

Communications Minister Fahmi Fadzil said the government is seeking to implement some similar aspects of Thailand’s concert tax break policy in Malaysia. — Picture by Yusof Mat Isa

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By Zaf Seraj

Friday, 29 Mar 2024 7:39 PM MYT

PUTRAJAYA, March 29 — The government is seeking to implement some similar aspects of Thailand’s concert tax break policy in Malaysia, Communications Minister Fahmi Fadzil said today.

He said this is to attract more events to the country and to build a more seamless system in Malaysia, amid grouses over Singapore’s recent exclusive right to Taylor Swift in the region.

“At the Communications Ministry, we are looking at some aspects of this, because previously, we have the Film in Malaysia Incentive (Fimi).

“So we are looking at a perhaps a similar structure, one proposal — we call it Concerts and Events in Malaysia Incentive (Cemi),” he told reporters at Bernama’s breaking fast event here.

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