Real Property Gain Tax Act 1976 (RPGT)

UPDATE: Effective 1st April, the RPGT (Real Property Gains Tax) has been exempted.

It is a TAX to be charged in respect of chargeable gain accruing on the disposal of any real property fall under this Act.

RPGT = Disposal Price – Acquisition Price

Acquisition Price

Purchase Consideration

Disposal Price

Dispose Consideration

Relief: Less 10% or RM5000.00 which ever is higher for Individual

DISPOSED BY INDIVIDUAL

Category of Disposal

Rate of Tax

Within 2 years after the date of acquisition

30%

3rd year after the date of acquisition

20%

4th year after the date of acquisition

15%

5th year after the date of acquisition

5%

6th year after the date of acquisition

Nil

DISPOSED BY COMPANY

Category of Disposal

Rate of Tax

Within 2 years after the date of acquisition

30%

3rd year after the date of acquisition

20%

4th year after the date of acquisition

15%

5th  year after the date of acquisition

5%

DISPOSED BY FOREIGNER (Not A Citizen/Permanent Resident)

Category of Disposal

Rate of Tax

Disposal within 5 years after the date of acquisition

30%

Disposal in the 6th year after the date of acquisition

5%



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