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Tax revenue is classified into direct tax revenue and indirect tax revenue. Direct tax revenue includes revenue from: income tax and supplementary income tax (individual, company, petroleum, withholding and cooperatives); estate duty; stamp duty; real property gains tax (RPGT); Labuan offshore business activity tax; and; miscellaneous direct taxes.
Personal income tax rates be reduced by 1 to 3 percentage points for all tax payers. Individual income tax structure will be reviewed; Chargeable income subject to the maximum rate will be increased from exceeding RM100,000 to exceeding RM400,000. Current maximum tax rate at 26% to be reduced to 24%. Measures to be effective in 2015.
Real Property Gains Tax Act 1976 [Act 169] Martial Arts Societies Act 1976 [Act 170] Local Government Act 1976 [Act 171] Town and Country Planning Act 1976 [Act 172] Universiti Teknologi MARA Act 1976 [Act 173] Educational Institutions (Discipline) Act 1976 [Act 174] Trade Marks Act 1976 [Act 175] Excise Act 1976 [Act 176] Industrial Relations ...
As long as you lived in the property as your primary residence for 24 months within the five years before the home’s sale, you can qualify for the capital gains tax exemption.
Real Property Gains Tax Act 1976: 169 In force Reciprocal Enforcement of Judgments Act 1958: 99 In force Redemptorist Fathers (Incorporation) Act 1962: 781 In force Registration of Adoptions Act 1952: 253 In force Registration of Births and Deaths (Special Provisions) Act 1975: 152 In force Registration of Businesses Act 1956: 197 In force
Direct tax Income tax Companies Individual Petroleum Withholding Co-operatives Others Other direct taxes Stamp duty Real property gains tax Others: 135,646 127,405 72,589 26,553 25,600 2,276 364 23 8,241 7,252 897 92: 57.7% 54.2% 30.9% 11.3% 10.9% 1.0% 0.2% 0.0% 3.5% 3.1% 0.4% 0.0%: Indirect tax Goods and services tax Excise duties Sales tax ...
Real Property Gains Tax Act 1976 [Act 169] Excise Act 1976 [Act 176] Tun Razak Foundation Act 1976 [Act 178] Treasury Bills (Local) Act 1946 [Act 188] Betting and Sweepstake Duties Act 1948 [Act 201] Customs Act 1967 [Act 235] Treasury Deposit Receipts Act 1952 [Act 236] Valuers, Appraisers and Estate Agents Act 1981 [Act 242] Lotteries Act ...
Document duty charged on real estate transfers from estates performed by a Guernsey Advocate: Taxation in Sark Saudi Arabia [194] 2.5% (fully Saudi national owned businesses), 2.5-15% (taxed at Zakat rate 2.5% for the Saudi percentage of ownership, 15% for all other ownership) 0% 15% (standard rate) 5% (real estate transactions rate)