Real Property Gains Tax 10 percent for First Two Years

In Budget 2012 Malaysia, a new structure of RPGT (real property gains tax) was introduced as following: 1st Year = 10% 2nd Year = 10% 3rd Year = 5% 4th Year = 5% 5th Year = 5% 6th Year = 0% Compare to Budget 2011, the RPGT was fixed at 5% flat rate on the [...]

Real Property Gains Tax 2010 Latest Updates on 23 Dec 2009

NO MORE Real Property Gains Tax for properties sold after 5 years! RPGT in Malaysia has been revised again! This time, it is good news for local property market! Referring to the revision announced by our Prime Minister Datuk Seri Najib Tun Razak on 23rd December 2009, the 5% RPGT would now only imposed on [...]