Never a dull moment for TNB

Extra tax: Tenaga Nasional Bhd has received notices of additional tax assessments for 2013 and 2014. – Reuters

It is slapped with RM2.07bil tax bill, IRB disallows reinvestment allowance claim

THERE has never been a dull moment for Tenaga Nasional Bhd (TNB) over the past couple of months. Just this week, the Government reviewed the country’s electricity tariff and late last month, the utility giant was slapped with a hefty RM2.07bil tax bill by the Inland Revenue Board (IRB).