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 …
Category: 1.4 Taxation
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 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 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 …
Spot Q for 2015 D04 Tax
Q.Could you spot questions for D04 Taxation in Estate Agent Exam Part 1, 2015? A.See analysis for past years below: When you prepare for D04 Property Taxation, you would want Read More …
RPGT Exemptions
Q. List down the exemptions available under RPGT Act, 1976. A. Earlier post on exemption with reference to Richard Oon Hock Chye was posted here. Exemption from RPGT RPGT exemptions Read More …
CKHT forms and Penalties
Q. What are the forms to be lodged with Lembaga Hasil Dalam Negeri (LHDN) for acquisition or disposal of real property? A. See updates on RPGT 2015 here. Richard Ong Read More …
RPGT Appeal
Q. If you are not agreeable to the RPGT imposed on your recent property disposal, what can you do? A. The transaction of real property would attract two taxes. One Read More …
Stamp Duty Appeal
Q. b) If Mr Eric is not satisfied with the amount of duty to be paid, explain the actions that can be taken by him. (10 marks) (10 marks, 2013 Read More …
Deductible Expenses for Rental Income 2
Q. b) Miss Dee rented her condominium unit to Mr Boon for a period of 2 years effective from January 2011. The tenant, Mr Boon was introduced to Miss Dee Read More …
Conditional Contract
Q. What is a Conditional Contract in RPGT? What then is “Conditional Contract of Sale”? What is a Conditional Sale in Real Estate? A. Refer Tax 2014 Q5 From Real Read More …
Tax Relief for Allowable Losses
Q.Explain what is tax relief for allowable losses in Real Property Gains Tax. A.Section 7 (4) of the RPGT 1976 specifies that: (4)(a) Where there is an allowable loss in Read More …
Standard Format RPGT Calculation
Q. Provide a standard format for calculation of RPGT in Malaysia. Illustrate the various parts and workout of the steps. A. MIA (Malaysian Institute of Accountants) has published a concise Read More …
Market Value vs Actual Price in RPGT and Stamp Duty
Q.When is “Fair Market Value” (FMV) used in calculation of tax treatment in RPGT or Stamp Duty? A.Stamp Duty Act 1949 specifies that Market Value or Actual Price which ever Read More …
Proposed Revision of Assessment Rates Explained
Proposed revision of assessment rates explained Posted on December 4, 2013 | 1990 views | Topic : Property News. BY CHRISTOPHER CHAN In recent weeks, we have read newspaper reports that the Kuala Lumpur City Read More …
Alienation as best mode of disposal
Q.Why alienation is the best mode of disposal of State Land? A.Below are reasons why alienation is the best mode of acquiring a land: Proprietor gets the title to the Read More …
Exempted from Assessment Rates
Q. What are the exemptions under the Local Government Act for assessment rates? A. Appeal for reduction on assessment rates has been posted in: Past year 2011 Q5 allowable grounds Read More …
Annual Rent for Sarawak
Q. How is the rates for calculation of Annual Rent payable to the Land and Survey Department of Sarawak? A. Like in West Malaysia, there is Cukai Pintu for houses, Read More …
Premium and Land use in Sarawak
Q. a) What are the types of land use in Sarawak? Is it different from West Malaysia? b) Whereby there is conversion from one use to another, how is it Read More …