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THE increased Real Property Gains Tax (RPGT) will have a negative impact on the property industry and will not prevent property prices from soaring.
THE increased real property gains tax (RPGT) announced in Budget 2014 might have drawn flak from developers based in many major cities, but their counterparts in Perak are unfazed by the move.
THE Real Property Gains Tax (RPGT) will not have much of an impact in deterring speculators from buying property, said KPMG partner Ooi Kok Seng.
KUCHING: Now that the Goods and Services Tax (GST) has been announced in Budget 2014, local businesses should begin preparing for its implementation in 2015 as early as possible.
KUALA LUMPUR: Johor’s Iskandar Regional Development Authority (Irda) has written to the Finance Ministry to ask if Medini Iskandar Malaysia, a new township that it is currently developing, will be exempt from the more stringent property transactions measures announced under Budget 2014.