One-off tax on super profits shouldn't be a concern - KPMG

A one-off tax on super-profits for the Year of Assessment 2022 should not result in a significant change in the mood of investors and businesses, said KPMG.

“That said, it is absolutely critical the government keeps to its word that it is really a 'one-off tax' during this time of need,” said the Head of Tax at KPMG in Malaysia Tai Lai Kok today.

He was referring to the "Cukai Makmur"...