Category: 1.4 Taxation

Q.Explain with help of a diagram how to compute RPGT? A.Richard Oon Hock Chye has written in detail the computation of RPGT in his blog at Real Property Gain Tax 101 Read More …

Q.What are the deductible expenses from rental income are? A. Ref:Lembaga Hasil Dalam Negeri at http://www.ctim.org.my/file/news/14/01533_INCOME%20FROM%20LETTING%20OF%20REAL%20PROPERTY%20PR4_2011%20(10.3.2011).pdf A good write up in the form of FAQ by Tee Saw Cheng is verbatim Read More …

Q.How to determine which instrument of agreement is subjected to stamp duty? A. DETERMINATION OF LIABILITY The first step is to identify the class of instrument under which a particular chargeable Read More …

Q.What are Local Gov Rates and Cukai Pintu/Cukai Taksiran? A.They are taxes collectable by local government for a percentage of annual rentable sum. The law in which it is stated Read More …

Q.What is stamp duty and how is it calculated? A. Hence, for a One Million Property, the stamp duty due is: For the first 100,000 = 1% = 1 x Read More …

Q.What is RPGT? Explain in brief how RPGT is calculated. A.RPGT or Real Property Gain Tax is tax levied on Real Property or Shares of a Real Property Company based Read More …

Q. In simple chart form, explain how GST is going to affect a man on the street? A. A good illustration is provided by LoanStreet.com.my. http://loanstreet.com.my/learning-centre/GST-In-Malaysia-Explained GST In Malaysia Explained Read More …

Q. How GST is going to affect taxation of properties? A. A good link to read from LoanStreet.com.my http://loanstreet.com.my/learning-centre/How-GST-Will-Impact-Home-Prices-&-The-Property-Market How GST Will Impact Home Prices & The Property Market With Read More …