Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said any potential impact of Cukai Makmur on the stock market could be partly outweighed by the broad-based economic recovery in 2022.
PETALING JAYA: Not more than 250 companies will be impacted by Cukai Makmur or the prosperity tax, which Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz described as “a very small number of companies.”
Over the past two financial years, he said only 113 companies achieved more than RM100mil in pre-tax earnings, out of over 900 companies listed on Bursa Malaysia.
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