Tax
Weekly News Highlights
Malaysia

28 October – 3 November 2008


In This Issue

 

3 November 2008

Taxing land transactions

 

 

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3 November 2008

 

Taxing land transactions

THE suspension of the Real Property Gains Tax means capital profits from the sale of land are now generally tax-free. However, land transaction gains in certain circumstances will be taxable. This depends on the specific circumstances as minor variations may result in a different tax outcome.
[The Star]

http://biz.thestar.com.my/news/story.asp?file=/2008/11/3/business/2408971&sec=business

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