Tax waiver for UTAR strictly for education purposes, says PM

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Tax waiver for UTAR strictly for education purposes, says PM
Tax WaiverAnwar IbrahimEducation
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Giorgio Armani, the founder of the eponymous Italian fashion brand, said in an interview published on Sunday that he plans to retire within the next two or three years.

PETALING JAYA: The recent RM83mil tax waiver granted to Universiti Tunku Abdul Rahman is solely for educational purposes, says Datuk Seri Anwar Ibrahim .

He said the delay in granting UTAR the exemption was due to the university's foundation not fully separating its commercial ventures from educational activities. Anwar noted that the UTAR Education Foundation indicated its intention to separate the operations within a year, requesting interim tax exemptions for education-related activities.

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