Slippery cooking oil companies caught avoiding taxes


PUTRAJAYA: An estimated RM200mil is expected to be collected from 63 cooking oil repacking companies found to have under-declared or not declared their income.

The tax evasion was detected following a special operation carried out by the Inland Revenue Board (LHDN) on repacking companies that were suspected to have abused cooking oil subsidies.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Cooking oil , LHDN , Under-declared , Taxes , Companies

Next In Nation

Rafizi to proceed with lawsuit against Caprice over alleged defamation
Body of drowned Chinese national found
All govt agencies mobilised to assist flood victims in Sabah, says Zahid
Three more suspended in HRD Corp governance reset
Penang's esplanade seawall, promenade project wins Unesco heritage award
DAP’s pledge to back unity govt key to stability, says Fuziah
Malaysia weighs Impact of US tariff ruling, says Johari
Urgent action needed to combat synthetic drug abuse among students, says Lee Lam Thye
Scheduled water rationing in Kluang, Pontian ends
Chinese national feared drowned in Langkawi

Others Also Read