Skip to main content

Prime Minister Anwar Ibrahim says companies undertaking green and sustainable technology projects are eligible for investment tax allowances of up to 100%.

 

Government extends tax incentives to encourage businesses to adopt green and sustainable technologies. (Envato Elements pic)
KUALA LUMPUR:

The government will extend tax incentives to encourage more companies to adopt green and sustainable technologies until Dec 31, 2030.

Prime Minister Anwar Ibrahim said companies undertaking green and sustainable technology projects are eligible for investment tax allowances of up to 100%.

“Companies that purchase green technology assets for their own use are also eligible for investment tax allowances of up to 100%,” he said when tabling Budget 2027.

 

By FMT Reporters