Tax
Weekly News Highlights
Malaysia


21 October 2008

 

Govt may remove CPO windfall tax

The Government may remove the crude palm oil (CPO) windfall tax; given that CPO prices have fallen below the tax's threshold level. [The Star]

http://biz.thestar.com.my/news/story.asp?file=/2008/10/21/business/2330345&sec=business

 

23 October 2008

 

No plans to tax funds sent home by foreign workers, says Najib

THE Government does not plan to impose a levy or tax on the RM18.1bil that foreign workers have sent or will send to their home countries this year, said Finance Minister Datuk Seri Najib Tun Razak. [The Star]

http://thestar.com.my/news/story.asp?file=/2008/10/23/parliament/2354543&sec=parliament

 

24 October 2008

 

India likely to tax edible oil imports
India is likely to tax edible oil imports and scrap an export tax on basmati rice next month, which will reverse some steps taken to tame inflation as the market situation has changed, a federal minister said. [The Edge]

http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_28014030-cb73c03a-3bc1a100-e3277227

 

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