AreaMalaysia

Commodity GroupOilseeds, oils and meals

CommodityPalm oil

Date01/07/2013

Policy CategoryTrade

Policy InstrumentExport tax

DescriptionContinued implementation of sliding export tax regime.

NotesMALAYSIA – palm oil export tax - Monthly tax review: In August, the country’s export tax on crude palm oil will be kept unchanged at 4.5 percent for the sixth consecutive month, despite a slight increase in the international reference price for palm oil. By keeping export charges at the bottom of the pre-defined tax range palm oil shipments are encouraged, which also helps to further reduce the country’s palm oil inventories.