Real Property Gains Tax (“RPGT”) is a tax levied by the Inland Revenue Board (IRB) on profits arising from the disposal/selling of real properties. The RPGT rates effective from 1 January 2019 are as follows:- Disposal Citizen/PR Non-Citizen/ Non-PR / Company Not Incorporated in Malaysia Company Incorporated in Malaysia First 3 years 30% 30% 30%…

RPGT (Exemption Order) – The Relief of Residential Sellers The PENJANA 2020 announced in June 2020 contained one very significant measure: the Real Property Gains Tax (RPGT) exemption. In essence, a Malaysia citizen is entitled for this RPGT exemption in respect of gains on the disposal of up to three (3) Residential Properties from 1st…