No. 314, 3rd Floor, Block A, Kelana Business Centre, No: 97, Jalan SS 7/2, Kelana Jaya, Petaling Jaya, 47301 Selangor, Malaysia
Tel
:
603-7880 0641
Fax
:
603-7880 0643
STAMP DUTY
On the stamp duty payable on purchase, any purchaser who buys a property by way of conveyance would have to pay stamp duty under the Malaysian Stamp Act 1949 which is illustrated as follows: -
Purchase Price
Stamp Duty payable
the 1st RM100,000
1% of the purchase price
the 2nd RM100,000 until the 5th RM100,000
2% of the purchase price
the 6th RM100,00 and thereafter
3% of the purchase price
REAL PROPERTY GAINS TAX ACT 1976 Real Property Gains Tax (Exemption) (No.2) Order 2007
In exercise of the powers conferred by subsection 9(3) of the Real Property Gains Tax Act 1976 [ Act 169], the Minister make the following order:
Citation and commencement 1. (1) This order may be cited as Real Property Gains Tax (Exemption) (No.2) Order 2007
2. This Order comes into operation on 1 April 2007
Exemption
2. The Minister exempts any person for all provisions of the Act in respect of any disposal of chargeable assets after 31 March 2007
Made 27 March 2007
Tan Sri Nor Md. Bin Yakcop Second Minister of Finance
Peace, to have
meaning for many who have only known suffering in both
peace and war, must be translated into bread or rice,
shelter, health and education, as well as freedom and
human dignity.
Ralph Johnson Bunche (1904-1971)
