KOTA KINABALU: Sabah is expected to receive about RM3.019 billion in federal revenue for 2025 based on the 40 per cent constitutional revenue-sharing formula, said State Finance Minister Datuk Seri Masidi Manjun.
He said the estimate is derived from total tax collections of RM7.547 billion, including direct taxes by the Inland Revenue Board and indirect taxes by the Customs Department.
Masidi noted that the figure is based on available data, adding that detailed negotiations with the Federal Government are still ongoing.
“We must respect the ongoing negotiations. For now, I can only disclose publicly available tax data,” he said during the Legislative Assembly Meeting on Tuesday.
Meanwhile, Deputy Finance Minister Datuk Ben Chong said partial tax data from 1974 to 2025 has been shared by the Federal Government, but cannot be made public as it is part of the negotiation process.