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 About MOC/MOT

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8sg9ft
post Jan 12 2016, 10:23 PM

blablabla
******
Senior Member
1,765 posts

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What's the difference between S&P stamp duty and MOT?
8sg9ft
post Jan 12 2016, 10:36 PM

blablabla
******
Senior Member
1,765 posts

Joined: Jul 2010


QUOTE(Jasoncat @ Jan 12 2016, 10:33 PM)
Stamp dutt on S&P is just a nominal RM10/- per copy of the stamped document.
MOT is calculated on tier basis based on the property purchase price, ie 1% for the 1st RM100k, 2% for the next RM400k and 3% for RM500k onwards.
*
I know what MOT is. But why some websites put s&p stamp duty = MOT?

 

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