Minister: Lynas never paid anything in corporate taxes due to tax exemption status

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KUALA LUMPUR, Feb 23 — Lynas Malaysia did not pay single sen in corporate taxes as it had been given tax-exempt status by the government for 12 years, Science, Technology and...

KUALA LUMPUR, Feb 23 — Lynas Malaysia did not pay single sen in corporate taxes as it had been given tax-exempt status by the government for 12 years, Science, Technology and Innovation Minister Chang Lih Kang said today.

He said Many foreign investors had expressed their interest to invest in Malaysia after the decision. He explained that the government was providing both certainty and consistency in reaffirming the decision it had made in 2020.

 

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Tendang keluar jelah gitu.

This is absurd.. 😕

pedoqpop Wth

Mcm tu je. Bukan barter dah ni, amal jariah

I bet they hire high paying foreigners too. Some locals as cleaners I guess.

What? They take our mineral for free?

Dear Minister is your Duty to chase them out due Lynas are destroying our environment

Awesome gift from Najib & Muhyiddin. Minster for Environment at that time were Peter Chin Fah Kui (10 Apr 2009 - 15 May 2013) and Maximus Ongkili (16 May 2013 - 9 May 2018). MITI were: Muhyiddin Yassin (18 Mar 2008 - 9 Apr 2009) and Mustapa Mohamed (9 Apr 2009 - 9 May 2018)

Lynas workers are ignorant of the facts of long terms exposure to radiation. They are not to blame as they only wanna have a good life . Lynas management & corrupt politicians are to blame.

Utter ridiculous

These big companies are bullying small countries like Malaysia. Don't give in cos Malaysia isn't rubbish collection centre otherwise all Malaysian suffer later.

% CSR ? R&D inhouse? Transfer of knowledge ? Sponsor emp sambung belajar? No of Local employees post SV ke atas ? … rasuah menteri je ? Told ya we are tax eluded haven for risque, low tech, sweat shop , Investment hub esp from China , US and many more. Dari MNC sampai firm 2x5.

Which smart cartoon agrees to 12 year free tax Who benefits most one two individual should be investigated as well

They reaped all the profit, pays meagre salaries to ignorant workers, and leave Msia with tonnes of radioactive materials that will potentially cause health concerns to our future generations. Well done Najib Razak. You are truly a destroyer of nation & people.

These hired by Lynas should start to find new jobs now.

In the first place which minister approved such tax exemption? Such tax exemption is harming Rakyat whom lived nearby there.

Not paying a single cent in corporate tax and yet refuse to abide by the minister instructions on the processing of radioactive waste. If Lynas insists on its refusal, then stop operations and leave Malaysia. The Malaysian government cannot allow Malaysians' lives be endangered.

FDI incentive.

Lynas must not trying to dictate us. The current gov ain’t going to bend our rule for you.

Stay strong minister. Don’t be intimidated by this multinational

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