1. Part of the consideration is cash. The developer must transfer 2% of the total amount to IRB or cash payment if it is less than 2% of the total. How do I get the purchase price in the case of a joint venture agreement? 3. With the heavy formula, the gain is reached 3,364.05. The answer obtained with the simple formula is 3,363.65. Only a small difference (40 sen) appears between the two due to the break caused by the heavy formula.] Note: 1. Date of elimination – date of joint venture agreement. A 5% income tax package is due for the first five years, but after 5 years of purchase/acquisition, no income tax is payable.

This order applies to all garbage collectors. There is no difference between individuals, whether they are citizens or not, businesses, whether domestic or foreign, or permanent residents. The date of acquisition – the date of the contract (2-8-2011). It is calculated as follows: The owner bought some properties on 20-6-2008 at RM1million. After the purchase, he entered into a joint venture agreement with a developer on 2.8.2011. The idea for the transfer of the property to the developer is that the owner will receive 8 terraced houses and 2 corner line houses. 2. Sale price – market value of empty land at the time of the example 3c agreement [point 3]: On the basis of similar facts in example 3a under the joint venture agreement, the owner received 10 semi-detached houses and 50,000 RM in cash. The joint venture agreement (2-8-2011) is considered an elimination date. The 10,000 bonus shares are taken for granted on 1.1.2012, i.e. at the time of acquisition in accordance with paragraph 34, paragraph 9, point b). Example 14: Sale of shares in a real estate company For MBB, payment can be made by ATM, ATM, Internet bank or telephone bank at the counter.

[Note: The loss at elimination2 is actually 40,000, but the deduction is limited to the loss of 10,000. 40,000 euros 10,000 – 30,000. The modified assessment [for a reduced amount] is issued. The seller can ask for a refund if he has paid according to the original note.] The cumbersome formula is a circular way of achieving the 5% tax on the profits payable. It should be noted that it is beginning to calculate the amount of “taxable income from tax” in accordance with Schedule 5 of the TPM. It is now clear that as of January 1, 2010, a fixed rate of 5% of income tax will be paid for each sale within the first five years of purchase/acquisition. The latest change includes the payment of income tax for each transfer after 5 years of purchase following a call from civil society. . . . In accordance with the latest RPGT (Exemption) (No. 2) Order 2009 [PU (A) 486], vi.

CKHT 3 complete [notification of information by the Director General of the IRB: s27 of the RPGT Act] when the buyer/buyer does not comply and transfers 2% of the purchase price, if the sale does not increase the tax on profits, as in the following cases: Nilai Tertentu (NT) is: the market value of the property; or the purchase price of the real estate company`s shares; market value of the property plus the purchase price of cppib shares. With the tedious formula, to obtain income tax payable after 3 years of purchase (2014 – 2011) – total tax profit 300,000 euros of taxable profits exempt from the tax 200,000 Note: the exemption is not deductible from capital gains1 [sale of only part of the land] , but deductible from disposal2 if all 10 lots have been sold. Paid profit: Sale price 21,500 € Purchase price 9,500 – 12,000 . FPX Are member banks: CIMB, PBB, MBB, RHB, BIMB and Hong Leong Bank. Example 3b[paragraph 3]: disposal of a semi-detached house by the owner in example 3a Market value of all units at 2-8-2011 [less cash received] .