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Sharia, a Malaysian citizen, disposed of her properties as follows: In 2015 she sold a shop house for RM320,000 which she had bought for RM360,000.The
Sharia, a Malaysian citizen, disposed of her properties as follows: In 2015 she sold a shop house for RM320,000 which she had bought for RM360,000.The shop house was sold within two years after the date of acquisition In 2018 she sold a bungalow lot for RM490,000 and incurred agents fees of RM6,800on the disposal. She had bought the bungalow lot for RM480,000. The bungalow lotwas sold in the fifth year after the date of acquisition. On 13 May 2022, she sold a townhouse for RM280,000. She had boughtthe townhouse for RM185,000 on 6 April 2019.
RPGT rate are as follows: Required: Compute the real property gains tax (RPGT) payable in respect of each of the above disposalsStep by Step Solution
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