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Property |

2010 Budget real property gains tax changed

 
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2010 Budget real property gains tax changed
RPGT to apply only for properties sold within five years of purchase
Dec 24, 2009

Prime Minister Datuk Seri Najib Tun Razak have announced on 23 Dec that the real property gains tax (RPGT) announced during the 2010 Budget will now only apply to properties sold within five years after purchasing them.

 

The 2010 Budget announcement previously imposed RPGT on all properties sold.

 

 

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Tags: 2010 Budget, RPGT

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Comments:


anonymous said...
Yes, I know the Malaysian government officers are smart, and wise. They always make a wise decisions for their people. Maju teruuusss Malaysia !.
January 27, 2010 3:27:00 PM
anonymous said...
thank god...there is so much confusion...as a foreign buyer...things like this are very very important to me!
December 27, 2009 9:41:00 AM
anonymous said...
Sound good. Hopefully it will drive more renovation biz up too. Especially bathroom sink, shower screen and mirror in Kuala Lumpur, Klang Valley, Puchong, PJ, USJ, Shah Alam, Damansara area.Intrends Bathroom Glassware Sdn Bhd http://www.wix.com/intrends/bathroom
December 26, 2009 6:15:00 PM
anonymous said...
good news....
December 25, 2009 5:21:00 AM
anonymous said...
this is a good balance and also will continue to check against speculations. we dont wish to have the Dubai experience too:)
December 24, 2009 3:16:00 PM
anonymous said...
Yes, I know the Malaysian government officers are smart, and wise. They always make a wise decisions for their people. Maju teruuusss Malaysia !.
January 27, 2010 3:27:00 PM
anonymous said...
thank god...there is so much confusion...as a foreign buyer...things like this are very very important to me!
December 27, 2009 9:41:00 AM
anonymous said...
Sound good. Hopefully it will drive more renovation biz up too. Especially bathroom sink, shower screen and mirror in Kuala Lumpur, Klang Valley, Puchong, PJ, USJ, Shah Alam, Damansara area.Intrends Bathroom Glassware Sdn Bhd http://www.wix.com/intrends/bathroom
December 26, 2009 6:15:00 PM
anonymous said...
good news....
December 25, 2009 5:21:00 AM
anonymous said...
this is a good balance and also will continue to check against speculations. we dont wish to have the Dubai experience too:)
December 24, 2009 3:16:00 PM
anonymous said...
this sounds better...
December 24, 2009 12:24:00 PM