Sabah petitions federal government for transparent revenue declaration to secure 40pc entitlement

Sabah petitions federal government for transparent revenue declaration to secure 40pc entitlement

KOTA KINABALU, July 24 — Sabah has petitioned the federal government to require all companies operating within the state to separately declare revenue earned in Sabah, a move aimed at bolstering transparency in the negotiations over its constitutional 40 per cent revenue entitlement.Sabah Finance Minister Datuk Seri Masidi Manjun said yesterday that the state government wrote to the Ministry of Finance in February and March this year.“In those l…