<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 5): Hartalega Holdings Bhd (KL:<a href="/askedge/klse/5168" class="ce-stock" target="_blank">HARTA</a>) has been hit with additional tax bills for the years 2017 to 2022, amounting to over RM100 million.</p></div>

<div class=newsTextDataWrapInner><p>In a bourse filing on Tuesday, the nitrile glove maker said its wholly owned unit, Hartalega NGC Sdn Bhd, received the notice of additional assessments from the Inland Revenue Board (IRB).</p></div>

<div class=newsTextDataWrapInner><p>The additional assessments comprised RM13.92 million for 2017, RM36.35 million for 2018, RM10,695 for 2019, RM32.89 million for 2020, RM18.10 million for 2021, and RM90,624 for 2022.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Cumulatively, the additional assessments add up to RM101.36 million.</p></div>

<div class=newsTextDataWrapInner><p>“The company is currently seeking legal advice and evaluating its legal options, which may include initiating a formal appeal to the IRB,” Hartalega said.</p></div>

<div class=newsTextDataWrapInner><p>Hartalega NGC houses the company's Next Generation Integrated Glove Manufacturing Complex (NGC) in Sepang.</p></div>

<div class=newsTextDataWrapInner><p>According to Hartalega's latest annual report, the NGC began construction in 2013, with various plants completed over the years — the sixth and latest being in 2020.</p></div>

<div class=newsTextDataWrapInner><p>Shares in Hartalega closed five sen or 3.65% lower at RM1.32 on Tuesday, valuing the company at RM4.52 billion.</p></div>

<div class=newsTextDataWrapInner><p><em>Read also:<br />
<a href="https://theedgemalaysia.com/node/765324" target="_blank">Hartalega posts 60% decline in 1Q net profit on lower average selling prices, sales volumes</a></em></p></div>


Hartalega Holdings Bhd (KL:HARTA) has been hit with additional tax bills for the years 2017 to 2022, amounting to over RM100 million.

In a bourse filing on Tuesday, the nitrile glove maker said its wholly owned unit, Hartalega NGC Sdn Bhd, received the notice of additional assessments from the Inland Revenue Board (IRB).

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