Dewan Negara passes windfall tax amendment bill | The Malaysian Insight

Dewan Negara passes windfall tax amendment bill

The Dewan Negara approves the Windfall Profit Levy Bill 2020. – The Malaysian Insight file pic, October 26, 2021.

THE Dewan Negara today approved the Windfall Profit Levy Bill 2020, which is aimed at improving the administration of the tax. The bill, tabled by Deputy Finance Minister I Mohd Shahar Abdullah, was approved by majority voice vote of the senators after the third reading. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

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