Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Stamp Duty (Remission) (No.3) Order 2010, 50% off stamp duty for MOT/DOA & LoanDoc

views
     
kochin
post Jun 10 2011, 03:37 PM

I just hope I do!
********
All Stars
10,278 posts

Joined: Dec 2009
From: Malaysia


dariofoo,
what if one makes his/her first application for this but it's not his/her first property.
i know what the law says.
but can plead ignorance? what happens when LHDN finds out?
reason asking is because the person's first property was bestowed upon by parents.
recently the person just got his/her real unit.
thanks.

kochin
post Jun 11 2011, 09:48 PM

I just hope I do!
********
All Stars
10,278 posts

Joined: Dec 2009
From: Malaysia


QUOTE(dariofoo @ Jun 11 2011, 08:45 PM)
Of course you can plead ignorance. But if the law catches up on you, ignorance of the law is no excuse to get off the hook. Might be penalised. Not sure how much as I've never came across a real life case before. I'm sure they treat it just like income tax evasion.  nod.gif
*
and what is the penalty for income tax evasion if i may ask?
the ruling really doesn't seems fair.
they should mandate it as such to be equal to rpgt exmption. to be exercised once in your lifetime kinda thingy rather than limit to first residential property.


 

Change to:
| Lo-Fi Version
0.0141sec    0.51    7 queries    GZIP Disabled
Time is now: 19th March 2024 - 10:33 AM