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Q: How do I avoid paying RPGT?, A: Declare as an income.
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cherroy
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Oct 30 2009, 05:33 PM
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20k VIP Club
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Any disposal gain from asset, is part of capital gain, not income.
Capital gain is tax exempted in Malaysia, except RPGT being introduced back.
You don't want any gain to be classified as income at all.
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cherroy
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Nov 4 2009, 12:38 AM
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20k VIP Club
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I would think this thread start to deviate from the paying RPGT issue.
Company and personal level are always 2 different front. You either start with purchasing it (owning the properties) through company or personally. Cannot interchangable in between. There are pros and cons in between them.
While income and disposal gain (capital gain lead to RPGT incurred) is 2 different issue.
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