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 property tax, property tax

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daryl.k
post Jan 11 2010, 01:40 PM

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tax...if you're referring to Real Property Gain Tax (RPGT) is only on the profit of your sales. i.e purchased price of your property is 250k. few years later you sell for RM300k. profit = 50k. RPGT = RM50k x 5% = RM2,500 (simple method for understanding purposes)

 

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