8. On 3 March 2019, Chan, a Malaysian citizen, acquired a property from Pak Hassan, an Indonesian citizen, for cash consideration of RM300.000. Who is responsible for making the deduction of tax, and what is the amount that must be retained and remitted to the Inland Revenue Board (IRB) in relation to real property gains tax? Option 1 Party responsible for the deduction of tax Chan Pak Hassan Chan Pak Hassan Amount to be retained and remitted to IRB RM9,000 RM21,000 RM21,000 RM9,000 2 2 3 4 A. B. c. Option 1 Option 2 Option 3 Option 4 9. Zizan acquired a property four years ago, and in 2019 entered into an agreement to dispose of the property to AB Sdn Bhd (ABSB). Zizan and ABSB verbally agreed to enter into a contract on 10 April 2019. Both parties signed the contract on 24 April 2019. Zizan received the full consideration on 6 June 2019 and the legal title to the property was transferred on 10 July 2019. What is Zizan's date of property disposal for the purposes of real property gains tax? A. 24 April 2019 B. 10 July 2019 C. 6 June 2019 D. 10 April 2019 10. Mickey sold a shophouse in Malaysia on 3 November 2020 for RM800,000. He bought the shophouse in 2014 and has undertaken renovation which cost RM50,000. Mickey also incurred interest expense of RM30,000 in relation to a loan taken out to finance the purchase of the shophouse. He attempted to sell the shophouse in 2019 but the prospective buyer aborted the sale. He forfeited a deposit of RM10,000. What is the disposal price to Mickey in relation to the sale of the shophouse on 3 November 2020? A. B. C. D. RM800,000 RM750,000 RM710,000 RM760,000