Real Property Gains Tax (RPGT)
Tax Management, Consultancy and Advisory
Real Property Gains Tax (RPGT)
- RPGT is imposed on gains arising from the disposal of:
- real property, which is defined as any land situated in Malaysia;
- any interest, option or other right in or over land situated in Malaysia;
- gain on the disposal of shares held in a real property company (RPC).
- A Real Property Company (RPC) is a controlled company holding real property or shares in another RPC of which the defined value is not less than 75% of the value of the company’s total tangible assets.
- Every method, scheme or arrangement by which the ownership of an asset is transferred from one person to another would constitute an acquisition and a disposal of the asset for RPGT purposes.