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a) The Real Property Gain Tax (RPGT) Act 1976 specify number of circumstances where the disposal price of a chargeable asset is deemed to be

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a) The Real Property Gain Tax (RPGT) Act 1976 specify number of circumstances where the disposal price of a chargeable asset is deemed to be equal to its acquisition price. State four (4) such circumstances. (4 marks) b) Explain the treatment of disposal of chargeable asset by way of a gift under the RPGT Act 1976 for the doneor and the recipient of the asset

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