Malaysia

The RPGT Handbook, Malaysia

Edited by Richard Thornton · Thenesh Kannaa
CCH Malaysia March 2014

Specifications

ISBN-13
9789671244814
Publisher
CCH Malaysia
Publication
March 2014
Format
Paperback
Jurisdiction
Malaysia ? Countri(es) for reference only

Details

Malaysia’s real property gains tax (RPGT) is somewhat unique in that it is neither a full capital gains tax nor a true short term gains tax. As the title implies, the intention at the inception of the tax was to capture only capital gains from the disposal of real properties, with an emphasis on short term gains. As RPGT has evolved over the years, its scope has widened in some key areas.

Features:

  • Comprehensive coverage
  • Detailed explanations
  • Practical knowledge
  • An analytical approach
  • Many relevant examples
  •  A whole chapter on tax saving ideas
  • Reference to all important Court decisions and  IRB   Guidelines


Table of Contents

  1. Introduction to RPGT
  2. The scheme of RPGT
  3. The basic tax computation and its components
  4. Exemptions
  5. No gain/no loss disposals
  6. Disposals at market value
  7. RPGT on particular disposals
  8. RPC and other company shares treated as chargeable assets
  9. RPGT in various other circumstances
  10. Treatment of losses
  11. Administrative aspects
  12. The overlap between income tax and RPGT
  13. Tax Saving Ideas


The law is as at 1 April 2014.

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