Q.What constitute ‘material change’ under Town and Country Planning Act, 1976? A.Similar question was also posted in ‘material change’ here. This is a tricky question as ‘material change’ is very Read More …
Tag: 1.4
2019 D04 Taxation Answers Explained
Development Charge KL
PELAKSANAAN CAJ PEMBANGUNAN DI DEWAN BANDARAYA KUALA LUMPUR. 1.0 PENDAHULUAN Tujuan caj pembangunan adalah untuk menampung peruntukan menyediakan dan mempertingkatkan kos infrastruktur dan kemudahan pada kawasan tersebut akibat daripada kelulusan Read More …
2019 Q Analysis D04 Property Taxation
Rebus Sic Stantibus & CAR Q1
Q. a) Explain the principle of “Rebus Sic Stantibus” in carrying out valuation for the purpose of rating for a local authority. (15 marks) b) “Are Federal Government buildings subject Read More …
Budget 2019 on Stamp Duty and Real Property Gains Tax Q2
Q. The National Budget for the year 2019 has reviewed items on Stamp Duty and Real Property Gains Tax. There were also clauses regarding a moratorium period in their implementations. Read More …
Development charge calculation Q3
Q. a) Lot 456, Section 5, Town of Kuala Lumpur with the land area of 20,000 square feet is zoned for commercial use with the plot ration of 1:7.0 and Read More …
TCPA Purchase Notice and The Appeal Board Q4
Q. i. A planning application by Encik Yusof to develop his land has been rejected on the grounds that the land is zoned for public purpose. His appeal has also Read More …
Lease renewal premium calculation Q5
Q. Encik Ali owns two (2) pieces of land in Malaysia. He plans to develop the land as follows: i. Lot 222 has a title in perpetuity with an agricultural Read More …
Income Tax Reliefs etc Q6
Q.a) With reference to the Income Tax Act 1967, explain the following: i. Chargeable Incomeii. Capital Allowance (6 marks) b) State two (2) conditions that need to be fulfilled by Read More …
Real Property Company Gains Tax Calculation Q7
Q.Velerom Sdn Bhd was a controlled Real Estate company formed on 1 March 2015 with the paid up capital of 200,000 ordinary shares of RM1 per share unit. Hany Enterprise Read More …
Managing properties of the deceased
Below article is verbatim from Property Insight here. People gain assets and properties throughout their lives and leave them all behind as they pass on. This has always been the Read More …
Stamp Duty calculation Ms Sonia, En Atan and Pn Bebe Q1
Q. Ms Sonia has purchased a double storey detached kampong house located at an area known as Tanjung Bidara, Melaka from Encik Atan for RM640,000 in December 2017. The Sale Read More …
Rating for Tahfiz Centre & Rating for Agriculture holding Q2
Q. Majlis Daerah Jasin has appointed you to determine the annual value of the following properties for rating purposes. i. A Tahfiz centre for learning Al Quran at Lot 3334, Read More …
RPGT on Marketable Securities Q3
Q. Kiah Sdn Bhd is a controlled company formed on 1 March 2015 with the paid up capital of 200,000 ordinary shares at RM1 per share unit. Hany Enterprise owned Read More …
Calculation of RPGT Summer S/B Q4
Q. Summer Sdn Bhd bought 2 units of industrial buildings from Hana Development Bhd on November 2015. Summer Sdn Bhd had paid 1.5% fee to estate agent from the purchase Read More …
Notice of Purchase TCPA and land value Q5
Q. Discuss what is notice of Purchase under the Town and Country Planning Act 1976 (Act 172) and explain how the land value is determine. (25 marks, 2018 Q5) A. Read More …
Development Charge, difference KL vs Others Q6
Q. a) Explain with adequate examples why a property is subject to development charge? (16 marks) b) What is the main different development charge under the Kuala Lumpur City Hall Read More …
Value for Rating Purpose & Rate of Stamp Duty Q7
Q. Discuss the followings: a) Elaborate two (2) approaches to determine the Value of a premise for rating purpose. (5 marks) b) Land Premium and Additional Premium. (5 marks) c) Read More …
Premium payable for lease extension
Q. How to calculate the premium on renewal of lease? A. There are two types of premium on lease. Premium on conversion of category of land use during alienation or Read More …