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Windfall tax won't confuse investors - Muda co-founder

This article is 4 years old

Implementation of windfall tax will not send wrong signals to investors as alleged by Finance Minister Tengku Zafrul Abdul Aziz, says Muda co-founder Radzi Tajuddin.

He told Malaysiakini that investors are already clear about the windfall tax, thanks to the Windfall Profit Levy Act 1998 (Act 592).

"Windfall tax is not new in Malaysia. It has been imposed since 1998 until today on palm oil producers...

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