KUALA LUMPUR (Bernama): The Malaysian Palm Oil Board (MPOB) said the windfall profit tax on planters is imposed only when the crude palm oil (CPO) prices surpass the threshold level set in 2009.
However, it said when the CPO prices fall below the threshold level, the levy is no longer collected.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.