5% sales tax on petroleum products in Sarawak will have negative impact, says Azmin | TheStarTV.com

5% sales tax on petroleum products in Sarawak will have negative impact, says Azmin

Published on 7 Nov 2018 5:16:51 PM

The 5% sales tax Sarawak plans to impose on all petroleum products produced in the state from Jan 1, 2019 will have a negative impact on competitiveness and Petronas’ earnings, Economic Affairs Minister Datuk Seri Azmin Ali said.

He, however, said he respects the state government's proposal and will take a proactive approach to further discuss the matter with the state government.

He said this after paying a courtesy call on Sarawak Chief Minister Datuk Patinggi Abang Johari Tun Openg in Kuching on Wednesday.

Keywords
azmin ali, economic affairs, kuching, news, patinggi abang johari tun openg, petroleum, petronas, products, sarawak

The 5% sales tax Sarawak plans to impose on all petroleum products produced in the state from Jan 1, 2019 will have a negative impact on competitiveness and Petronas’ earnings, Economic Affairs Minister Datuk Seri Azmin Ali said.

He, however, said he respects the state government's proposal and will take a proactive approach to further discuss the matter with the state government.

He said this after paying a courtesy call on Sarawak Chief Minister Datuk Patinggi Abang Johari Tun Openg in Kuching on Wednesday.

Keywords:
azmin ali, economic affairs, kuching, news, patinggi abang johari tun openg, petroleum, petronas, products, sarawak

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