Real Property Gains Tax_AAP1154B

Which sentence is referring to tax rate for RPGT?

• the longer of holding period leads to the greater of RPGT

• the shorter of holding period leads to the greater of RPGT

• the longer of holding period leads to the higher of RPGT

• the shorter of holding period leads to the lesser of RPGT

Tick (one or more) current tax rate for RPGT

• 30% for the disposal in the 2nd year

• 20% for the disposal in the 4th year

• 15% for the disposal in the 5th year

• 10% for the disposal in the 6th year

The announcement of RPGT in Malaysian Budget 2020

• Acquisition price will be more lower at 1/1/2013

• Acquisition price will be based on value after 1/1/2013

• Acquisition price will be based on value after 1/1/2000

• Acquisition price will be more higher at 1/1/2013

Which situation allowed for exemption under Malaysia Short-term Economy Recovery Plan 2020

• Ali disposed his property on 25/5/2020

• Ahmad disposed his first commercial building on 1/6/2020

• Aina disposed her 4th residential unit on 9/6/2020

• Aisyah disposed her 2 storey terrace house on 11/6/2020

Chargeable Gain

• when acquisition price equal to disposal price

• when disposal price less than acquisition price

• when acquisition price less than disposal price

• when disposal price same as acquisition price

Tick (one or more) items under acquisition price

• stamp duty

• deposit

• compensation

• lawyer fees

Tick (one or more) items under disposal price

• extension cost

• alteration cost

• advertising cost

• professional fees

The transaction deemed to be at Market Value

• Zul transfer his property Sulaiman

• Ali transfer his bungalow to Siti

• Farhan gift his shop to Burhan

• Daud sell his property to Kamal

Tick (one or more) situations for exchange case

• selling price need to be considered

• Market Value shall be taken as consideration paid

• purchase price cant be considered

• Market Value shall be taken as consideration received

Tick (one or more) RPGT exemption for private residence

• once in lifetime application

• non citizen are also eligible

• subject to residential property

• property used for business