Environment degradation has been a subject of debate between administrators both in developed and developing nations since the 1980s whereby the degradation of the ozone layer has been a contentious and continuing topic of discussion. The Langkawi Declaration in 1996 was one of the first major international declarations Malaysia signed. Since then Malaysia has become a signatory for various including the Kyoto Protocol. In this paper we will review current Malaysian tax laws especially the Income Tax Act 1967 to see how the Malaysia Government has used taxation to remedy the problems of the environment. We shall look at the environmental policies of two British Commonwealth nations, United Kingdom and Australia whereby the countries have a historical connection to the Malaysian Legal System. We will see how they use taxation to tackle and remedy the issue of the environmental degradation. With this study we will identify the issues that Malaysian Tax Law needs to address so that Malaysian Tax Law will be comparable to international tax practices on Environmental Taxation.
A comparative study on the environmental taxation policy in Malaysia as compared to British and Australian models
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Environmental Taxation Policy Malaysia
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