Q.
I always get confused with the calculation of Acquisition Price of real property gains tax, do you have an easy to remember format?
A.
A good format is by SM Thanneermalai in Accountants Today, October 2010 'Real Property Gains Tax 101'. Please see below.
Ref:
SM Thanneermalai. 2010. Real Property Gains Tax 101. Accountants Today. Available at,
http://www.mia.org.my/at/at/2010/10/05.pdf