The Star·3 min read·medium
TAR UMT tax exemption only approved for three years, not 10 as announced, says Dr Wee
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ALLISON LAI, KHOO GEK SAN
✦AI Summary
MCA president Dr. Wee Ka Siong has criticized the government for reducing a promised 10-year tax exemption for TAR UMT to only three years. He warned that this change could impose significant financial burdens on the non-profit university, potentially affecting tuition fees.
YONG PENG: A promised 10-year income tax exemption for Tunku Abdul Rahman University of Management and Technology (TAR UMT) has instead been approved for only three years, says Datuk Seri Dr Wee Ka Siong.
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