6 days ago
Bintulu Port hit with RM44.2mil tax bills, plans to appeal
An aerial view of Bintulu Port
PETALING JAYA: Bintulu Port Holdings Bhd has received tax assessments totalling RM44.22mil from the Inland Revenue Board (LHDN) for the years of assessment 2020 to 2023.
In a filing with Bursa Malaysia, the port operator noted it was served with notices amounting to RM6.75mil for 2020, RM11mil for 2021, RM12.67mil for 2022 and RM13.8mil for 2023.
Bintulu Port said it disagrees with the assessments and will be appealing and challenging the validity of the notices.
'Based on legal advice from our tax counsel, the company believes that it has good grounds to contend that there is no legal and factual basis for the director general of Inland Revenue to issue the said notices,' it said.
The company did not provide further details on the assessments.
