KLSE (MYR): KOSSAN (7153)
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JohnFarmer458
1,797 posts
Posted by JohnFarmer458 > 2020-11-06 17:36 | Report Abuse
Tax deductible
400mil x 76%
end up only cost them all 4 companies RM96mil
an 8% windfall tax would have costed TopGlove almost 1billion in 1 year
320mil(est) to Supermax in 1 year
160mil(est) to Hartalega in 1 year
80mil(est) to Kossan in 1 year
its a win win situation for both, government get an immediate cashflow of rm400mil to fund the budget to fight covid