top of page
Property Assets Valuation & Consultancy
(Formerly known as Colliers, Jordan Lee & Jaafar (JH) Sdn Bhd)
Est .1985
Real Property Gains Tax
Real Property Gains Tax (RPGT) is a tax levied by Inland Revenue Board (IRB) on chargeable gains derived from the disposal of real property. This tax is provided for in the Real Property Gains Tax Act 1976 (Act 169). The tax is levied on the gains made from the difference between the disposal price and acquisition price.
The rates of tax as per Schedule 5 of Act 169 are as follows:
Citizens & Permanent
Residents
Companies
Non-Permanent Residents/ Non-Citizens
Disposal within two years after the date of acquisition of the chargeable asset.
30%
30%
30%
Disposal in the third year after the
date of acquisition of the chargeable asset.
20%
20%
30%
Disposal in the fourth year after the date of acquisition of the chargeable asset.
15%
15%
30%
Disposal in the fifth years after the date of acquisition of the chargeable asset.
5%
5%
30%
Disposal in the sixth year after the
date of acquisition of the chargeable asset.
Nil
5%
5%
bottom of page