KUALA LUMPUR: It is fairer to introduce the one-off corporate tax for companies making more than RM100mil, known as prosperity tax (cukai makmur), instead of a windfall tax, says Datuk Seri Mustapa Mohamed.
The Minister in the Prime Minister's Department said the government received the proposal to introduce a windfall tax after several companies were known to rake in a huge amount of profits.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
