Budget 2024 Insights
The Malaysian 2024 Budget, which is themed “Madani Economy: Empowering the People”, was announced on...
Acquires and disposers of the property need to understand their obligations with respect to Real Property Gains Tax.
First introduced in Malaysia in 1974, Real Property Gains Tax (RPGT) is a form of tax on gains arising from the disposal of a real property or shares in a real property company.
Since its introduction, the Real Property Gains Tax Act 1976 (RPGT Act) has undergone numerous changes.
Source: SmartInvestor
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By Manmit Kaur
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