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OUFSTION 1 Mr. Kent fwned 3 byngalows in Damansara, Malaysia. Pue to old age, Mr Kent sold one of his bungalows on 31 October 2018.
OUFSTION 1 Mr. Kent fwned 3 byngalows in Damansara, Malaysia. Pue to old age, Mr Kent sold one of his bungalows on 31 October 2018. Detaits pertaining to the properyars a. Potlows Required: (a) Compute the real property gain tax payable by Mr Kent in respect of the disposal of his bungalow. (b) Would there be any real property gain tax liability if the bungalow is to be transferred to his wife without any consideration? Question 2 On 5 October 2009, Raja acquired a piece of land in Malacca for RM600,000 He incurred RM180,000 in filling and raising the level of land to prevent flooding On 3 Dec 2012, he sold one third of his land for RM2 million Question : Compute Raja's gain in RPGT
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