Petronas finalising sales tax agreement with Sarawak

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Petronas' lawyer says the company's appeal against the High Court’s decision ordering it to pay the tax will be withdrawn before Aug 3. FMTNews Petronas

PUTRAJAYA: National oil company Petronas says it is finalising its agreement with the Sarawak government over the sales tax imposed on petroleum products.

State legal counsel JC Fong told the court that the state government did not object to the postponement as Petronas had made the undertaking to withdraw its appeal based on its letter.

 

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