High Court grants Petronas, TNB interim stay against IRB for multi-billion tax claims
August 10, 2020 KUALA LUMPUR (Aug 10): Both Petroliam Nasional Bhd (Petronas) and Tenaga Nasional Bhd (TNB) see a ray of hope as the High Court has granted them interim stay against the Inland Revenue Board (IRB) on additional tax assessments that have been imposed on the two conglomerates. The High Court has granted Petronas an interim stay against the IRB for imposing additional tax assessments amounting to RM3.6 billion on the national oil company. Justice Datuk Ahmad Kama