Budget 2022: Prosperity tax better than windfall tax | TheStarTV.com

Budget 2022: Prosperity tax better than windfall tax

Published on 29 Oct 2021 8:46:01 PM

Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed said it is fairer to introduce the one-off corporate tax for companies making more than RM100mil, known as cukai makmur (prosperity tax) instead of windfall tax which were proposed by certain quarters to impose on companies known to have raked in huge profits during the Covid-19 pandemic.

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Keywords
parliament, budget 2022, tok pa, mustapa mohamed, prosperity tax, minister in prime ministers department

Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed said it is fairer to introduce the one-off corporate tax for companies making more than RM100mil, known as cukai makmur (prosperity tax) instead of windfall tax which were proposed by certain quarters to impose on companies known to have raked in huge profits during the Covid-19 pandemic.

Read more at https://bit.ly/2ZD3mle

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
parliament, budget 2022, tok pa, mustapa mohamed, prosperity tax, minister in prime ministers department

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