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...
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 an...
Following the recent 2010 budget announcement on 5% Real Property Gains Tax (RPGT) to be levied on disposal of real property with effect from 1 January 2010, questions have been raised as to how to minimise or even avoid this. The following article gave a good...