'Generous donations' substantially smaller than windfall tax would have been

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The generous donations by Kossan Rubber Industries Bhd, Top Glove Corp Bhd, Hartalega Holdings Bhd and Supermax Corp Bhd of RM400 million to the Government’s Covid-19 fund to battle the pandemic is substantially smaller than the funds that would have been recouped through the expected introduction of a windfall tax.Malaysian Institute of Accountants president Veerinderjeet Singh (above) spoke to Astro Awani hosts Melisa Idris and Sharaad Kuttan for their "Consider This" show, and was asked:"Do you see this as a substitute to the windfall tax that was expected to be announced? And would the windfall tax have been substantially more?" asked Melisa."Everybody expected a windfall tax but actually squeezing out RM400 million from the glove manufacturers is actually in many ways a windfall tax," Veerinderjeet replied."Whichever way you want to call…