Wednesday, 29 July 2015

Real Property Gain Tax (RPGT)

The limited supply of real property especially in urban areas has provided opportunities for speculative activities. Therefore, the Government proposes the real property gains tax (RPGT) from the disposal of properties made within a period...

Many have raised a question on how to calculate or determine the purchase price for a property in RPGT.The right and correct purchase price for your property is not only to inform the actual...

Certain gains on the disposal or transfer of properties are tax exempted, subject to the provisions of Real Properties Gains Tax Act, 1976. Real Property Gains Tax (RPGT) exemptions are available in the following circumstances:An...
Real Property Gains Tax (RPGT)

Under Budget 2012, it was proposed that a real property gain tax (RPGT) will be revised to the following:Disposed within 2 years, RPGT = 10% Disposed after 2 & up to 5 years , RPGT...
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