Five Per Cent Real Property Gains Irrespective of Year of Sale | Property Gains Tax Makes Comeback
THE Government under Budget 2010, the Real Property Gains Tax (RPGT) of Five Per Cent (5%) would be imposed from Jan 1 on gains from the disposal of real property irrespective of the holding period and category of owner. Prior to the exemption of the RPGT in April 2007, tax on gains from property sales […]