TNB to appeal against extra taxes imposed by IRB

The company said it has obtained an interim stay order against the payment of the disputed taxes.

PETALING JAYA: Malaysia’s sole electricity supplier, Tenaga Nasional Bhd (TNB), has been slapped with additional taxes from the Inland Revenue Board (IRB) amounting to RM685.82mil and RM705.24mil for the assessment years 2020 and 2021, respectively.

In a filing with Bursa Malaysia yesterday, TNB said the assessment notices received on Aug 19 were similar in nature with the notices received in the past years, which are presently pending in court.