Malaysia's Petronas to pay Sabah state US$303 million in sales tax next year


KUALA LUMPUR, Nov 8 (Reuters): Malaysian state-owned energy giant Petronas is expected to pay the resource-rich state of Sabah RM1.25 billion (US$303 million) in sales tax next year, state media said.

Sabah Deputy Chief Minister Jeffrey Kitingan said Prime Minister Muhyiddin Yassin had agreed for the state to collect the 5% tax from Petronas next year, Bernama news agency said late on Saturday.

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Petronas , Sabah , Payment , Tax , 2021 , US$303 million

   

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