CAPITAL gains tax (CGT) is imposed on profits realised on the sale of an asset. The most common capital gains are from the sale of stocks, bonds, precious metals, real estate, and property. For that matter, antiques, art collections and other assets that increase in value could also be subject to CGT.
Presently, Malaysia does not impose CGT on the disposal of investments or capital assets other than real property gains tax (RPGT), which is levied on chargeable gains derived from the disposal of real property or shares in a real property company in Malaysia.