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.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!