disposal of rpc shares in malaysia
Every person whether or not resident is chargeable to RPGT on gains arising from disposal of real property including shares in a real property company RPC. An RPC is a company that. Real Property Gains Tax 101 For this purpose the disposal price will be the consideration received. . RPGT treatment Mr X Mr Y and Mr Z are deemed to have each acquired 100000 RPC shares. A Malaysian citizen who disposes of a property after five years of ownership for a consideration sum of RM200000 or below is exempted from RPGT. Real Property Gains Tax RPGT is charged on gains arising from the disposal of real property situated in Malaysia or of interest options or other rights in a property as well as the. However if the company disposes of its shares or real property to the point where its RPC share percentage falls below 75 and it ceases to be an RPC then the shares that are. Form CKHT 2A Acquisition of Real Property Shares in. The disposa...