The Malaysian government is conducting an end run around an import-vehicle tax requirement imposed in an area trade pact by hiking its excise tax. The reduction on import duty applies to vehicles with all engine capacities imported from the Association of Southeast Asian Nations (ASEAN) region in order to comply with the ASEAN Free Trade Area agreement (AFTA). To make up for the loss of revenue, Prime Minister Abdullah Ahmad Badawi reportedly has announced a new excise tax of between ...

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