KUALA LUMPUR (Bernama): The government has agreed to exempt the real property gains tax (RPGT) to individual Malaysian citizens who dispose of their properties at a consideration price of RM200,000 and below.
According to a statement by Finance Minister Lim Guan Eng, the RPGT exemption, effective from Jan 1, 2019, were for the disposal of properties including low-cost houses, low-medium cost houses and affordable houses from the sixth year onwards.
Already a subscriber? Log in.
Save 30% for ads-free and full access now!

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.