Eric Moh

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Real Property Gains Tax (RPGT) For Company in Malaysia: What You Need to Know

The Inland Revenue Board must be paid Rpgt For Company, a tax that is levied on the proceeds from the sale of a property. RPGT is therefore exclusive to a seller. As an illustration, A purchased a property in 2000 for RM500,000. A then sold the property to B for RM700,000, making a profit of RM200,000 from the sale of…