KUALA LUMPUR 17 Sept. - Petronas group of companies have paid the Sarawak State Sales Tax for year 2019 which represents Petronas's full and final settlement for the sales tax for the year 2019.
In its statement today, Petronas said, the payment also an evidence of Petronas's commitment towards achieving commercial resolution.
"The payment for year 2020, will be made upon assessments by the Sarawak Comptroller of State Sales Tax.
"This is a significant milestone following Petronas' withdrawal of the appeal against the judicial review decision and also Sarawak’s withdrawal of the civil action on the Sarawak Sales Tax,'' it said.
According to Petronas, the national oil company is committed to work with the Sarawak State Government in strengthening the Sarawak oil and gas sector towards the creation of a stable and conducive business and investment environment for future growth. - DagangNews.com
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