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 RPGT for property disposed >1year, Can it be 0% if no profit made???

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Bali ais
post Apr 4 2014, 11:57 PM

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Joined: Jul 2007


Tumpang ask....

If prop is bought at 200k, then within 1 year sold with 225k.
After deducting:-
1. legal fees (both buy and sell process)
2. agent com (during sell)
3. 10% or 10k exemption (whichever higher, 10k in this case)

The actual net chargeable RPGT is actually 0. Am I correct?

Assumption:-
1. Prop after 1 year can only (max) valued at 225k.
2. Calc using http://www.vincentyim.com/how-to-calculate...ax-in-malaysia/ as reference.

 

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