Govt's RPGT collection for properties disposed after 5 years hit RM81.5 mil as of August

Govt's RPGT collection for properties disposed after 5 years hit RM81.5 mil as of August

The Edge Markets - Malaysia·2019-11-04 21:26

KUALA LUMPUR (Nov 4): The government collected RM81.52 million in real property gains tax (RPGT) in the first eight months of this year from the disposal of properties held for more than five years, which involved 8,554 transactions.

This raised the total RPGT collected as of August 2019 to RM1.1 billion, which was a good performance, said Deputy Finance Minister Datuk Ir Amiruddin Hamzah.

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