Category: 2014 D04 Tax

Q. a) As an estate agent you are invited to give an opinion in a discussion regarding legislation that give an impact to property owners. Discuss development charge under the Read More …

Q. Section 147(2) of Local Government Act 1976 provides that: “If any such sum or any part thereof remains due and unpaid by the end of February or by the Read More …

Q. a) Real Property Gains Tax is imposed on conditional contract. Explain:- The meaning of conditional contract. (5 marks) How acquisition and disposal of asset is determined under conditional contract. Read More …

Q.Mr Sunny, a Malaysian citizen purchased a double storey bungalow located at an elite area of Bukit Damansara for RM3.5million in 2013. The owner, also a Malaysian citizen however, currently Read More …

Q. Determine the duty payable in the following cases: a) Mrs Tan sold a parcel of residential land measuring 2.5 acres to Mr Deen in February 2013 for RM5 per Read More …

Q. Mr Ahmad sold his double-storey terrace house located at Kota Damansara to Madam Salamah on 30 August, 2013. The market price for similar properties at the subject locality is Read More …

Q. You are required to advise the owners of the following holdings in relation to the properties’ assessment:- a) Madam Aminah, the owner of a factory building located at Mukim Read More …