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 budget 2010 return of real property gain tax ?, 5% property gain tax from jan 2010

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moody5
post Oct 23 2009, 06:39 PM

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Tax of 5% to be imposed on gains from the disposal of real property from Jan 1, 2010. Existing tax exemption will be retained for gifts between parent-child, husband-wife, grandparent-grandchild.

 

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