Malaysia's Ministry of Finance is reportedly finalizing transitional rules for service tax changes with effect from 1 March 2024. As previously reported, it was announced as part of the Budget for 2024 that the scope of the service tax will be expanded to include karaoke center services, brokerage and underwriting services, and logistics (delivery) services from 1 March 2024. Further, the standard service tax rate will be increased from 6% to 8%, except for food and beverage services, telecom…