Saturday, 15 February 2014

Malaysia-Revised Rates for Real Property Gains Tax

Revised Rates for Real Property Gains Tax






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Circular No 029/2014
Dated 14 Feb 2014
To Members of the Malaysian Bar
Revised Rates for Real Property Gains Tax
Please be informed that the Real Property Gains Tax (Exemption) Order 2012 [P.U. (A) 415/2012], published in the Gazette on 26 Nov 2012, has been revoked by the Real Property Gains Tax (Exemption) (Revocation) Order 2013 [P.U. (A) 369/2013], published in the Gazette on 24 Dec 2013.
The relevant guidelines on the revised rates for Real Property Gains Tax ("RPGT") can be accessed on the official portal of the Inland Revenue Board of Malaysia or here.
Please do not hesitate to contact Chuah Ying Ying, Executive Officer, by telephone at 03-2050 2106, or by email at yingying@malaysianbar.org.my, should you have any enquiries.
Thank you.
Tony Woon Yeow Thong
Chairperson
Conveyancing Practice Committee
This circular may also be accessed here.


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