The Facts About Real Property Gain Tax (RPGT)
Effective 1 January 2014, the disposal of properties in Malaysia became subject to following rate of RPGT:
|DISPOSAL PERIOD*||REAL PROPERTY GAIN TAX (RPGT) RATES|
|COMPANIES||INDIVIDUAL (Citizen/PR)||INDIVIDUAL (Non-Citizen*)|
|For disposal within 3 years||30%||30%||30%|
|For disposal within 4th year||20%||20%||30%|
|For disposal within 5th year||15%||15%||30%|
|For disposal within 6th year
and subsequent year
*The holding period of 3, 4, 5 and 6 years refers to the period between the date of the acquisition of the property and the date of disposal of such property.
*Individual non-citizens include all expatriates working in Malaysia & MM2H visa holders.