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CAPTIAL GAINS TAX : MALAYSIA

CAPTIAL GAINS TAX : MALAYSIA

Old May 24th 2008, 6:28 pm
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Post CAPTIAL GAINS TAX : MALAYSIA

I have read of the sliding scale for Capital Gains Tax in Malaysia - going down to 5% if sold after 5 years.

Am I right in assuming that this Tax is only payable if selling up to leave - as opposed to selling to buy another house in Malaysia?
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Old May 25th 2008, 3:43 am
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Default Re: CAPTIAL GAINS TAX : MALAYSIA

To the best of my knowledge CGT in Malaysia was abolished in 2007, or more correctly is being exempted since then.
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Old May 25th 2008, 5:06 am
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Default Re: CAPTIAL GAINS TAX : MALAYSIA

Originally Posted by Shhhhhh View Post
To the best of my knowledge CGT in Malaysia was abolished in 2007, or more correctly is being exempted since then.
Thank you: Some of the MMh2 Agents' Sites on the Web must be out of date....

Another reason to come to Malaysia, then
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Old May 25th 2008, 9:31 am
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Default Re: CAPTIAL GAINS TAX : MALAYSIA

When buying for own stay, you just got to be comfortable with your entry price. One eye on the "hypothetical" rental yield, ... one less property to worry about.
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Old Oct 13th 2008, 5:10 am
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Default Re: CAPTIAL GAINS TAX : MALAYSIA

Yeap, the cap gain tax is temporarily exempted for now
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Old Oct 15th 2008, 1:59 pm
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Default Re: CAPTIAL GAINS TAX : MALAYSIA

test.
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