How much is the Real Property Gains Tax (RPGT) when selling a property?

How much is the Real Property Gains Tax (RPGT) when selling a property?

How much is the Real Property Gains Tax (RPGT) when selling a property?

TAX RATE FOR YEAR OF ASSESSMENT 2020

REAL PROPERTY GAINS TAX (RPGT) RATES
The RPGT Rates is as set out in Schedule 5 of the RPGT Act as follows:
DISPOSAL PERIOD
TAX RATE FOR YEAR OF ASSESSMENT 2020
PART I
PART II
PART III
Other than Part II and Part III

[eg: individual, partnership, executor of the estate of a deceased person who is a citizen or a permanent resident]

Company incorporated in Malaysia or trustee of a trust
[eg: company, co-operative, association, society and organisation]
Individual who is not a citizen and not a permanent resident, or an executor of the estate of a deceased person who is not citizen and not a permanent resident, or a company not incorporated in Malaysia.
Disposal within 3 years after the date of acquisition
30%
30%
30%
Disposal in the 4th year after the date of acquisition
20%
20%
30%
Disposal in the 5th year after the date of acquisition
15%
15%
30%
Disposal in the 6th year after the date of acquisition
5%
10%
10%

Extracted from hasil.gov.my

Wed, 24 Mac 2021

E & EO