Q. Explain the followings (a) Voluntary Disposition inter vivos under SA1949 (5 marks) (b) The concept of Rebus Sic Sitanbus under Act 171 (5 marks) (c) Contribution of Aids under Read More …
Category: 2022 D04 Tax
Factors affecting premium in land alienation & Additional premium Q6
Q. (a) Land alienation premium is determined by the State Authority upon approval of land alienation to either individual body. The calculation of premium depends on 5 main factors. Using Read More …
Capital Allowance and deductible expenses for rental income in Income Tax Act Q5
Q. Capital allowance is an allowance allowed by the Inland Revenue Board to replace the fixed asset depreciation deductible from the gross business income. Explain two (2) following components of Read More …
Fixed vs Ad Valorem Duties Q4
Stamp Duty and RPGT & Appeals Suria and Wong Q3
Q. Suria Sdn Bhd purchase a double storey terrace house at Subang Perdana from Mrs Asiah on 30 Apr 2018 at a purchaser price of 20% higher than the market Read More …
Stamp Duty & RPGT Hadi and Adi Putra Q2
Q. Calculate the stamp duty and real property gain tax that need to be paid for the following transactions and explain who are responsible to settle the payment. (a) Mr Read More …
Taxes in TCPA & LGA which has impact onto property owners Q1
Q. As an estate agent you are invited to give an opinion in a discussion regarding legislation that give an impact to the property’s owners. Discuss any two (2) of Read More …