Malaysia’s largest cinema operator Golden Screen Cinemas (GSC) will not offset any rise in ticket prices due to the goods and services tax (GST) next April.
Cinema-goers will face taxes of 31 percent of ticket prices with the introduction of the six percent GST, which is levied on top of the 25 percent entertainment duty.
"At this point in time, there is no indication of reducing cinema ticket pricing with the implementation of six percent GST this coming April 1, 2015," GSC said to an email to Malaysiakini.
GSC expects a dip in admission following the new tax but will mitigate this with promotions and the screening of more blockbuster movies.
Full story: http://www.malaysiakini.com/news/284230