Palm | Kelapa Sawit

SIBU, Oct 14 (Bernama) -- Seven major oil palm plantation companies in the
state say they are burdened by taxes as high as up to 55 percent.
The companies -- Ta Ann Holdings Bhd, Sarawak Oil Palm Bhd, Solid Timber,
WTK Holdings Bhd, Woodman Kuala Baram Estate Sdn Bhd, Sarawak Plantation Bhd and
the Rimbunan Hijau Group -- are appealing to both the federal and state
governments, asking for a reduction of taxes and cess contributions.
The seven accounted for more than 50 percent of the state palm oil annual
production.
The palm oil cess imposed by the federal government on palm oil plantations
is to subsidise the price of cooking oil.