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Financial Sell House, Is there Income Tax 30% once sold??

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TSSD Cruz
post Oct 30 2009, 05:06 PM, updated 17y ago

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I going to sell my house recently. But i heard there is an income tax of 30% from the profit i make from the house?

How do they(Blood sucking gov) calculate the percent?? Becoz the house renovation is taken almost 100% from my selling price? Only 5k profit.

5k X 30% = RM600?? doh.gif

Please advise. Thanks



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