save malaysia!
FIABCI calls for review of RPGT
savemalaysia
Publish date: Tue, 01 Oct 2019, 10:59 AM
GEORGE TOWN: The International Real Estate Federation (FIABCI) has urged the federal government to review the Real Property Gains Tax (RPGT) as a move to stimulate the secondary property market and reduce property overhang.
FIABCI Malaysia president Michael Geh said the primary and secondary property markets are on the path to recovery and positive sentiment is important to maintain the pace. — Bernama
Read more at https://www.thestar.com.my/business/business-news/2019/10/01/fiabci-calls-for-review-of-rpgt
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calvintaneng
Better remove the 5% property gain tax after house kept for 5 years
Many who own houses passed down from 50 to 100 years ago will be taxed too
PH GOVT going to offend many older citizens
Or at least extend to 10 years limit.
After 10 years holding period all houses should not be subjected to rpgt
This pH Govt does not have proper governance
2019-10-01 11:52