Jun 2, 2013

of johor to raise taxes on properties owned by thousands of foreigners

The state government will impose higher tax rates for about 130,000 foreigners who own properties in the state.

Johor Mentri Besar Mohamed Khaled said the rates were still being discussed, but the new rates would be imposed by the end of the year. Datuk Seri Mohamed Khaled added that a re-evaluation exercise would also be conducted statewide as the last formal evaluation was done in the '80s.

Mr Mohamed Khaled said the state had no intention of increasing the financial burden of the people but also needed to increase the returns to ensure that the local councils can provide better facilities and services for the locals.

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