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 Question on stamp duty exemption

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kb9
post Jan 22 2019, 11:00 PM

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QUOTE(AskarPerang @ Jan 22 2019, 01:17 PM)
S&P price.

By the way, hanhanhan do you know of any latest Federal Government Gazette released for the subsequent stamp duty waiver as announce in budget 2019. Coz the current ones already ended on 31 Dec 2018.
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Not exactly SPA price. Stamp duty will be calculated based on adjudication by LHDN. Most of the time will follow SPA but rarely, in cases whereby SPA price is way below MV, buyer might have to pay stamp duty for higher price.

Real case i've seen client with SPA price 310k with current MV 460k, ended up paying stamp duty for 380k as adjudicated by LHDN.

 

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