Malaysia will not remove windfall tax on palm industry -state media

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Malaysia will not remove windfall tax on palm industry -state media
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KUALA LUMPUR : Malaysia's finance ministry will not abolish a windfall profit levy on the palm oil industry, state news agency Bernama reported.

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The ministry is open to studying the tax rate and profit threshold level from time to time, Bernama reported late on Thursday, citing a written parliamentary response from the finance ministry.

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