Slippery cooking oil companies caught avoiding taxes

Published on 23 Mar 2022 6:41:38 PM

An estimated RM200mil is expected to be collected from 63 cooking oil repacking companies found to have under-declared or not declared their income.

The tax evasion was detected following a special operation carried out by the Inland Revenue Board (LHDN) on repacking companies that were suspected to have abused cooking oil subsidies.

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