Higher windfall profit tax collection of over RM1 bln helps govt to replenish coffer - Zuraida
The government is expected to collect more than RM1 billion in WPL in 2022 based on the projected average CPO price of RM4,250 per tonne and production of 19 million tonnes.
Fri Mar 18 2022
Malaysia to collect nearly RM300 mln from windfall tax on palm oil in Q1 2021
The government is expected to earn RM295 million in windfall profit tax in the first three months of this year with crude palm oil (CPO) prices rising above RM2,500 a tonne.
Sat May 08 2021