GEORGE TOWN: The Finance Ministry will be approving the reinstatement of the tax-exempt status for Penang's Lam Wah Ee Hospital and Mount Miriam Cancer Hospital, says Datuk Tan Teik Cheng.
The MCA vice president said following the revocation of the tax-exempt status of both hospitals last June, donors were no longer able to apply for tax relief when filing up their income tax returns, and this had seriously affected donations to the hospitals.
He said the matter has finally been resolved following mediation by MCA for both these hospitals, which included active participation by party president Datuk Seri Dr Wee Ka Siong.
“The Finance Ministry has formally written to both hospitals to reinstate their tax-exempt status. MCA is committed towards safeguarding the well-being and welfare of the rakyat in a pragmatic manner, ” said Tan.
“This news is indeed most welcome for the Lam Wah Ee Hospital and the Mount Miriam Cancer Hospital, their patients and the public at large as it ensures the continuity of quality healthcare services at affordable prices, ” he added.
Tan said that he is grateful to both hospitals for having responded in a calm manner following the revocation of their tax-exempt status.
“There are still some details to be processed and co-ordinated with the Finance Ministry in view of the reinstatement of the tax-exempt status, ” said the Penang MCA chairman in a Facebook post on Wednesday (April 14).
Tan said the hospitals had lost their tax-exempt status following a revision of guidelines by the previous Pakatan Harapan government on May 15,2019.
“However, after Perikatan Nasional took over the government, it discovered that this problem was particularly relevant to the masses, and it was immediately and actively and dealt with the intention to benefit patients and the hospitals, ” he added.