Real Property Gains Tax

Every person whether or not resident in Malaysia is chargeable to RPGT on gains arising from the disposal of real property and shares in real property company (RPC).

Real property is defined as any land situated in Malaysia and any interest, option or other right in or over such land. A RPC is a controlled company holding real property or shares in another RPC as a major asset (i.e. defined value not less than 75% of the value of its total tangible assets).

The RPGT rates are as follows:

Source from PwC – 2014/2015 Malaysian Tax and Business Booklet