IRB fails in bid to get RM1.8bil taxes from TNB

TNB's lawyer Saravana said the possibility of the case advancing to the Federal Court is uncertain.

PETALING JAYA: The Court of Appeal has upheld the High Court’s decision two years ago to dismiss the Inland Revenue Board’s (IRB) claim of taxes totalling RM1.8bil against Tenaga Nasional Bhd (TNB).

This represents the largest corporate tax dispute in the country’s history.