RPGT: Real Property Gain Tax Rate 2023 for individuals and companies & how to calculate it?
Explore Malaysia’s Real Property Gain Tax (RPGT), a tax on profit from the sale of land, shares in Real Property Companies, or real property by individuals and companies. Learn about the 2023 RPGT rates for citizens, permanent residents, non-citizens, and companies, as well as available RPGT exemptions, including once-in-a-lifetime exemptions and gifts between family members. Understand the importance of timely payment and potential penalties for non-compliance. Stay informed on the latest changes to the Real Property Gains Tax Act 1976 and Finance Act 2021.
