17 · Sep · 2020
Statement On PETRONAS’s Compliance To Sarawak’s Sales Tax On Petroleum Products
PETRONAS is pleased to announce that the PETRONAS group of companies have paid the Sarawak State Sales Tax for year 2019. The payment represents PETRONAS’ full and final settlement for the sales tax for the year 2019 and is evidence of PETRONAS’ 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.
PETRONAS 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.