Economist calls for windfall tax on industries benefting greatly from Covid


Will gloves be the next sector to face a windfall tax?

KUALA LUMPUR: The government should consider implementing a windfall tax on industries that benefit greatly from the COVID-19 crisis, according to Khazanah Research Institute senior advisor Professor Dr Jomo Kwame Sundaram.

"This is precisely the time when you must reform taxes, as you have it (windfall tax) all the time amid extraordinarily high petroleum prices or palm oil prices.

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