PETALING JAYA: With the price of crude palm oil (CPO) trading above RM3,000 per tonne, plantation companies in Peninsular Malaysia have started paying the palm oil windfall profit tax (WPT) while their peers in Sabah and Sarawak are expected to follow suit.
The WPT is imposed when CPO price rises above RM2,500 per tonne for planters in the peninsula and RM3,000 per tonne for those in Sabah and Sarawak.
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