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Basis of Taxation
The chargeable gains
arising from the disposal of any land situated in
Malaysia or any interest, option or other right in or
over such land or the disposal of shares in a 'real
property company' is subject to Real Property Gains Tax.
Rates of Tax
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Category of Disposal
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Company (%)
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Individuals &
Other Person (%
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Disposal within 2 years
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30
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30
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Disposal in the 3rd year
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20
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20
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Disposal in the 4th year
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15
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15
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Disposal in the 5th year
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5
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5
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Disposal in the 6th and subsequent years
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5
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0
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The above rates apply
for disposals on or after 27 October 1995.
An individual who is
not a citizen and not a permanent resident is subject to
the following rates:
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Category of Disposal
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Rate of Tax (%)
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Disposal within 5 years after the date of
acquisition of the chargeable asset
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30
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Disposal in the 6th and subsequent years
after the date of acquisition of the
chargeable asset
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5
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These rates apply for disposals on or after
17 October 1997
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ABOUT US |
HOUSING PROJECTS |
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Completed Properties For Sale
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Low Cost Apartment
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Low Medium Cost Apartment
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Medium Cost Apartment
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Low Cost Shop
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Shop Office
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