Q. You are an estate negotiator. You client asks you what are the stamp duties you have to pay when you rent or buy properties. A. Below is extract from Read More …
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Stamp Duty Exemptions (06/2015)
Q. What are the available exemptions to Stamp Duty (as of 2015)? A. Stamp Duty changes over time due to policy of government in its tax collection. Multiplied by measures Read More …
Proceeding in default of assessment payment
Q. Owing to old age, Mr Sukumaran left his shoplot to his brother Mr Narenthan to take care. However, Mr Narenthan is a busy man. Although the shop had been Read More …
D04 Tax – Summary of key Statutes
Q. Please list out the key statutes which should be stated in exam. A. Go here for ‘Summary to Exam Hall’ Planning Control and Development charge – Town and Country Read More …
Objection and appeal for Rating in Sarawak
Q.What are the procedures of objection and appeal to the rating done on your property holding in Sarawak? Isn’t the law different from West Malaysia? A.Yes, the statute that governs Read More …
Can annual payment of rates be waived or refunded?
Q. Can annual payment of rates be waived or refunded? A. Waived: Only when it is exempted. See Exemption from assessment rates here. Refunded: Yes, refund as in earlier posting past Read More …
Objection, Appeal and New Valuation List Assessment Rates
Q. What are the grounds that a holding can appeal for revaluation or reassessment? What is the process of new valuation list? A. There are two things commonly asked about Read More …
What if you have forgotten about paying your annual rates (kadar)?
Q.What is the penalty if the property owner does not pay the assessment rates? A.1) A fine of RM 20 (for outstanding amount exceeding RM 100).2) Notice (Form E) shall be Read More …
Drainage Charge in Rating
Q. What is drainage rate in Local Government Act, 1976? A. Drainage Rate is provided by the Local Government Act Section 132 at maximum of 5% of the Annual Value Read More …
Past Consideration is Good Consideration
Q. What case can you quote for “Past Consideration is Good Consideration”? A. Similar question was asked in 2014/3 Q1 – validity of past consideration. Under Section 26 (b) of Read More …
Without consideration a valid contract?
Q. What is consideration in a contract? Consideration is part of the necessity to basic element of a valid contract. Comment and contrast this view to the Malaysian Contract Act Read More …
What constitute a voidable contract?
Q. What constitute a voidable contract? A. See valid contract, void contract and voidable contract here. Section 2(i) of Contracts Act, 1950 states that:- An agreement which is enforceable by Read More …
Series D04 Tax 7/5 – Question 7; Land alienation
Q. Can you predict what question is going to come out on Land Alienation and Premium Calculations this year 2015? (Series D04 Tax 7/5 – Question 7; Land alienation) A. Read More …
Series D04 Tax 5/5 – Question 5; RPGT
Q. Can you predict what question is going to come out on RPGT this year 2015? (Series D04 Tax 5/5 – Question 5; RPGT) A. RPGT 2015 updates Based on Read More …
Series D04 Tax 4/5 – Question 4; Annual value
Q. Can you predict what question is going to come out on Annual Value, Improved Value, Objection and Appeal this year 2015? (Series D04 Tax 4/5 – Question 4; Annual Read More …
Series D04 Tax 3/5 – Question 3; Stamp Duty
Q. Can you predict what question is going to come out on Stamp Act this year 2015? (Series D04 Tax 3/5 – Question 3; Stamp Act) A. Based on the Read More …
Series D04 Tax 6/5 – Question 6; Capital allowance
Q. Can you predict what question is going to come out on Capital Allowance this year 2015? (Series D04 Tax 6/5 – Question 6; Capital allowance) A. Based on the Read More …
Series D04 Tax 2/5 – Question 2; Stamp Duty Calculation
Q. Can you predict what question is going to come out on Stamp Duty Calculation this year 2015? (Series D04 Tax 2/5 – Question 2; Stamp Duty Calculation) A. Based Read More …
Series D04 Tax 1/5 – Question 1; Development charge
Q. Can you predict what question is going to come out on Development Charge and Appeal this year 2015? (Series D04 Tax 1/5 – Question 1; Development charge) A. Based Read More …
Series D02 Law 8/6 – Question 4; Misc
Q. Can you predict what question is going to come out on Miscellaneous this year 2015? (Series D02 Law 8/6 – Question 4; Misc) A. Based on the past 4 Read More …