Government May Rethink Real Property Gains Tax | RPGT

Deputy Minister of International Trade and Industry, Datuk Mukhriz Tun Mahathir say some measures will taken after the Government receives feedback from all parties, including non-government organisations, on the imposition of the real property gains tax (RPGT) under the 2010 Budget. It is never a surprise as the reintroduction of the RPGT seems to have […]

Five Per Cent Real Property Gains Irrespective of Year of Sale | Property Gains Tax Makes Comeback

THE Government  under Budget 2010, the Real Property Gains Tax (RPGT) of  Five Per Cent (5%) would be imposed from Jan 1 on gains from the disposal of real property irrespective of the holding period and category of owner. Prior to the exemption of the RPGT in April 2007, tax on gains from property sales […]