The Prime Minister of Malaysia said last night that Real Property Gains Tax (RPGT) of 5% announced during the 2010 Budget will only apply to property sold less than 5 years from its purchase. The Prime Minister also announced that hotels undertaking additional investments to renovate, refurbish and expand their property would enjoy [...]
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An article I read from The Star, Tuesday December 22, 2009:- “Tax Insights – By Kang Beng Hoe WHEN the Finance Minister introduced Budget 2010 in October, he surprised many and disappointed some with his tax measures. Those who were expecting an announcement on a firm date for the implementation of the goods & services tax [...] |
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