QUOTE(edyek @ Nov 19 2018, 10:28 PM)
5% is really small amount lah.. IF say earn 1mil only need to pay 50k. Helo... 1 mil nett profit leh, can do alot of things... Better than paying as per income tax rate no?
Im more concern about selling price. As long I sold at my target price Im happy just to pay the 5% tax.
Now I've to pay 10% if sold. Park under company. Jialat...
All things consider, I still think its not a big deal lah. Better than some other tax say inheritance tax.
BUT that's just me... Only me yah, in case someone got offended over the net.
if base on net net profit is still making some sense but this brainless FMIm more concern about selling price. As long I sold at my target price Im happy just to pay the 5% tax.
Now I've to pay 10% if sold. Park under company. Jialat...
All things consider, I still think its not a big deal lah. Better than some other tax say inheritance tax.
BUT that's just me... Only me yah, in case someone got offended over the net.
base on gross profit with not much deduction
the main component of cost is interest...u basically paying almost double for what u borrow..some even worse default with huge blr increase....and so many uncounted miscelleneous on maintaining a property...ur actual profit is not u think many are actually making loss...brainless FM ...worse with a chinese holding the position
equity profit no inplementation of tax and property long term investment kena....
good lah now send out signal dont even buy any property...buying property is a bad investment...especially buying from developer so much risk
This post has been edited by Donald Trump: Nov 20 2018, 11:17 AM