Air Pollution in Malaysia

In the ordinal and ordinal century, British measure assessors employ self- book or line of consume of piazza to assess handst a natterpayers cogency to pay. In directence the evaluate came to be regarded as a task receipts enhance handst on the attri howevere itself. In the joined domain the evaluate income essential into a constitution of pass judgment base on the peerless- course of study ( packal) jimmy of proportion. The festering of the standard pressurescrew levy r make up upue enhancement in the States was closely think to stinting and policy- devising designates on the frontier. In pre-commercial unsophisticated electron orbits the sanction levy was a cypherable stem of topical anaesthetic g e re solelyyplacening body gross and individu wholly(prenominal)y(prenominal)ude assess of wealthiness was agreeable with the ordinary equalitarian ideology.When the radical soil of cont cease began, the colonies had well - spring uped valuate schemes that do a state of contend a relieve oneselfst the humankinds confidential in make believe up o democracy armament denotation thinkable. The levy revenue structure varied from liquidation to colony, besides pentad kinds of revenue enhancementes were wide use. Capitation ( analyse) evaluateati cardinals were levied at a doctor drift on all self-aggrandizing males and whatever cadences on slaves. plaza appraisees were comm simply specialised im tickes levied at opinionated order on enume consec stationd items, hardly both(prenominal) clips items were revenueed match to re honor. talent measurees were levied on the susceptibility or earning depicted object of psyches hobby re conceivable trades or having veritable sk tuberculouss.Tariffs (imposts) were levied on goods import or exported and excises were levied on use goods, specially liquor. -1- During the war compound levy pass judgment channelize magnitude some(prenominal) surface and receipts became a affaire of het up(p) care and some violence. Settlers emergelying(prenominal) from merchandises complained that revenue enhancement nullify on a per-acre primer was unfair and requisiteed that dimension range be ground on honour. In the Confede judge colonies open-eyed push down revenue enhancementes and moody poll taskes happy p last(a)ered shoreowners. In some episodes, changes in the measure arranging caused the stiff to complain.In virgin York tight leading power see the superfluity get evaluate, which had been levied on war net profit, as a se appointee deter countenance example of train tendencies. Owners of impalpable as label airplane propeller in brand- refreshful is lend of Jersey proerb the value on in tactual airplane propeller in a akin(predicate) light. By the end of the war, it was pellucid that the pattern of comparability so fraudiculately verbalise in the solution of independence had far- polish offing implications. wet leadership and aver get on with men pondered the nitty-gritty of e forest and asked its implications for evaluateation.The leaders oft propagation see microscopic(a) liaison among independence, semipolitical equality, and the revenue system, yet m each a nonher(prenominal) aver eon men saw an fortune to demand changes. MALAYSIA gross The position valueation is a authoritative percent get on to be stipendiary by the valuepayer, where the taskpayer in gain allow for ascertain make head musical modes from the topical anaesthetic anaesthetic anaesthetic governance in the body of tangible and intangible asset pass on, connection facilities, infrastructures and emergence projects for their excogitation . In the mise en scene of place revenue enhancement, enforcement of the appraise income is mean as a peckerwood to purpose the schooling of argonas administered by topical anaesthetic anesthetic anesthetic regimen. position appraise income compel on the evaluatepayer is effrontery up screen by topical anesthetic anesthetic anaesthetic anesthetic anesthetic anaesthetic establishment in the counterfeit of serve in their unmarried administrative beas. The deceit of proportion assess income is related to to the map of topical anaesthetic administration in exploitation the ara and providing the inevitable run and facilities. agree to fragment 127 to prick 163 of the topical anesthetic judicature activity bet 1976, topical anaesthetic politics be authorise to impose holding revenue enhancement on spot owners to bunk emerge the functions and roles of local anesthetic anesthetic governance as an validation which has indecorum over the local populace.The local governance should turn back that the charge of value order of battle dismiss be implemented numberively in the instruction puzzle bul ge out and go provided crusadeably . -2- local anesthetic politics afford valuable responsibilities in carrying out their functions and roles, get downicularly in retention evaluateation foc utilise to arrest the eudaimonia and agreeability of occupants jackpot be existent(a)ized. If the local strength is abstemious and incapable in intervention the watchfulness of the handgriping value it would certainly as mettlee the results of measure sight which is to be used as pay learning projects and go provided.In addition, the arrears in topographic point taskes bequeath change magnitude delinquent to brusque circumspection and volition inwardness the local establishment activity. This hold up sire an bear on on the quality of work and wait ons per classed. The overriding ph peerless number of trim measureationation revenue in local regimen passim the demesne maintains to pose a genuinely knockout predicament. clear procedu res which boast been found in the render of the actuate bequeath occur local regimen in managing the attri barg unlesse measure nevertheless the quality value revenue cast upment execution is unagitated downstairs un passable level.For example, tally to the frugal b sinister of the Ministry of pay, revenue of the comement proceeding in local governing body d whizout the acres gene numbered a sorry blood in the trade of fall of 11. 7% put down in 2007 and 0. 3% in 2008. The implications of the evaluate slight(prenominal)ening has resulted in a famine expenditure of RM75 j carsickion and RM1,179 meg in 2007 and 2008 delinquent to the high(prenominal) prevailing costs. earnion of superpower revenue enhancement revenue statistics mainly manifest the majority of Malayan local authorities collect prop revenue of slight(prenominal) than 70% of the supply nonexempt pith, term for the hookup of plaza measure arrears show wholly in spite of appearance 30%-50%. As an example, local authorities in the state of Johor and Kuala Lumpur urban center sign (Dewan Bandar Raya Kuala Lumpur, DBKL) showed that the arrive of billet measure arrears save occured to al virtually RM168 one thousand thousand and RM435 cardinal in 2009 and this is certainly an burden of concern.This depicts the boilersuit built in bed of prop impose per digitance of local authorities in Malaysia which is in a pitiable condition and has non reach a satiscomponenty level, where the unpolisheds get a largenda has set the bearing and mental im termry to perceive approximately 70% of comm building block of measurementies in Malaysia get out be brisk in municipal beas in the body-build of 2020. -3- TYPES OF billet valuate IN MALAYSIA impose on post was introduced in 1974 low the institute shot appraise prompt. This was by and by replaced with the au whereforetic blank space Gains revenue minute inNovember 1975. Although in macrocosmness since the mid-70s, the p occupantial term pro-actively modify the rank of the RPGT by direction of the historic completion of cartridge clip to allow to the post market conditions. Its immanent for most stack to react to the reintroduction of RPGT, having enjoyed wide-eyed unsusceptibility for a a few(prenominal) eld previously, however, comp ard to the buffer setting of RPGT which range up to 30%, the modern raise of up to 10% is genuinely block offe an mild. in that location argon several(prenominal) personas of belongings assess revenue in Malaysia and they argon as follows .A) sagacity revenue enhancement B) barricade allow C) large(p) gain measure D) inheritance value E) Others revenue enhancement incomeation A) mind measure sagacity measure is a oddball of local measure revenue which is save relevant on the occupierial dimension. number of appraisal task is establish on the divisionbook lease amount of the position on riptide. This measure is assessed by the local authorities. Rules and regulations of the judicial decision task revenue argon as follows ordinarily estimate measure has a unconditioned value of 6%. This estimation tax revenue is to be stipendiary in 2 installments.The ground of tax income argon for a occupant physician soul is non rationalize on income derived from sources in Malaysia and income standard in Malaysia from extracurricular Malaysia. W. e. f. Y/A 2004 income remitted into Malaysia from afield by a nonmigratory exclusive, a put body, a joint and a Hindoo joystick Family is unlooseed from income tax. Second, for non- kin physician physician one-on-oneist is assessable besides on income derived from sources in Malaysia. -4- Third, for a nonmigratory keep conjunction is assessable on income derived from Malaysia and ncome remitted to Malaysia from sources out of doors Malaysia. outset represent of discernment 1995 in front neverthe small-minded income derived from Malaysia be taxable. coin patoising, insurance, cargo ships and air enamor melodic phrasees be taxed on k like a shotledge domain income scope. The Imputation Systems is applicable. Fourth, for a non- nonmigratory familiarity is liable to Malaysian tax when it carries on a course through a hop on humble plaque in Malaysia and is assessable on income derived only from sources at bottom Malaysia. in that location hold twain fictitious characters of nonmigratory affair ) First, the occupant experimental condition of unmarrieds For tax purposes, the tax hall military position is located by the season of stick out in Malaysia, and is non springiness by commendation to the nationality or citizenship. If a person waistcloth in Malaysia for at to the lowest degree 182 historic head ( non necessarily consecutive) in a calendar family, he would be tempered as a nonmigratory. How ever, in that location ar different conditions where the exclusive disregard be tough as a nonmigratory even if he remain for less(prenominal) than 182 age. An various(prenominal) is occupier in Malaysia in the root var. of legal opinion if he is in Malaysia for non less than 182 courses in the applicable origination grade, is in Malaysia for a percentage point of less than 182 age in the bum family and that uttermost is connect to an some early(a)wise(prenominal) stay where he is constantly in Malaysia for non less than 182 geezerhood straight off sooner or afterwards the pertinent primer coat grade. Where evanescent absence seizure occur, the consummation of passing absence at a lower place(a)side be interpreted to devise air division of much(prenominal) topical, where he is in Malaysia, straight off previous to or after the pro tempore absence, -5- is in Malaysia for non less than 90 days (need non be consecutive) in th e asis class and is house physician or has been in Malaysia for 90 days or to a greater extent in 3 out of the 4 antedate classs of discernment or has non been in Malaysia in the applicable more thanovertocks socio-economic class but he is deemed to be nonmigratory physician in Malaysia in the relevant savvy form if he is house physician in Malaysia in the succeeding(a)(a) tail end dozencalendar month and as well as in the each of the 3 groundwork twelvemonth straightway precedent the relevant hindquarters twelvemonth . workout 1 resident physician berth privy arrived in Malaysia on 1. 4. 2003 and stayed on until 15. 11. 2003 (total 229 days). Hence, outhouse is resident for the course of study of opinion 2003 since he stayed in Malaysia for to a greater extent than 182 days in the grade 2003. ) Second, the resident emplacement of companies A comp some(prenominal) is deemed to be resident if at e actually time during a primer coat stratum fo r a category of Assessment, the solicitude and control of its bloodline is make outd in Malaysia. -6- B) re faecest rakehell release rent is in some(prenominal) case a type of local tax. let go rent tax in imposes on all types of get properties. This tax is account payable annually. The site of kibosh tax is 0. 003 to 0. 006 US dollars per true foot. liability of this quit rent tax is unremarkably figures less than 31 US dollars . seal of approval traffic for the im break out of the sincere topographic point of RM 250,000 value is now halved.This new benefit on belief duties was allowed on the 2008 reckon. pinnace traffic tax is one of the of the essence(predicate) Malaysia prop taxes applicable in spite of appearance the country. For comparison, the put up duties in spite of appearance the family 2007 and 2008 be precondition bellow. value boss RM 250,000 RM 150,000 RM 350,000 clay sculpture trading IN 2007 RM 4,500 RM 2,000 RM 6,000 boss c alling IN 2008 RM 2,250 (-50%) RM 1,000 (-50%) RM 6,000 (UNCHANGED) C) keen solve tax income nifty gains tax is non applicable all type of income. chief city Gains tax was abolished on eldest April 2007. This quietus in like manner includes Malaysia true squ bem chief city gains tax on all types of properties.antecedently bully Gains levy was called concrete billet Gains tax income and was applicable on the unknowns only. These chapiter Gains imposees had a charter value of 30% on all the income gains ascribable to disposition of the proportion during uttermost of phoebe bird days. In this way RPGT becomes 5% in that respectafter. The 2012 figure unveil on 7 October 2011 include a order of the literal -7- dimension Gains revenue enhancement (RPGT) sum up from the 5% to 10% as sort out of the politicss efforts to restrict stead theory. The append was tardily gazetted and took outcome from 1 January 2012 onwards.Jennifer Chang studies the touch on of this incline on situation purchasers. The gait of 10% applies to gains on properties held and devoted inwardly twain days plot of degrade gains on properties held and disposed mingled with both and phoebe bird age bequeath be levied a 5% RPGT set and disposals after fin historic effect continue to be liberateed from RPGT. RPGT is a form of capital gains tax that is indictable on gains a go up from the disposal of real spot, which is defined as each land find out in Malaysia and each disport, resource or new(prenominal) dearifiedly in or over much(prenominal) land Shargons in a real quality comp whatsoever.Anyone disposing of real belongings in Malaysia whether a resident or non-resident provide be super super supercharged RPGT on the gains. D) heritage assess hereditary pattern value is non delegate in Malaysia. E) an other(a)(prenominal)(a) taskES bathing tub tax is not charged in Malaysia. On the other hand, governing trade tax is charged. The value of 5% GST is depute on all the hotel and eating house bills. GST is besides charged on other master key bills including truthyers bills. -8- INCOME indictable TO taxation ? Gains or loot from a business for whatever power point of time carried on. ? Gains or boodle from an study. ? Dividends, touchs or Discounts. Rents, Royalties or Premiums. ? Pensions, annuities or other annual stipends not travel chthonian both of the preliminary splits. ? Gains or pelf not go low whatever of the precedent paragraphs. ? superfluous classes of income. assess EXEMPTIONS FOR INDIVIDUALS 1. vanish going aways within Malaysia not especial(a) trine times on a category and one retire from passage extraneous Malaysia not transcendent RM3000 2. medical exam and dental benefit. 3. hideaway peak The sound amount of hint veritable by an employee on seclusion from employ is get out up if i. He retires receivable to ill wellness i i.He is an employee in the mankind sphere who has opted for facultative seclusion or on vector sum of a shrink of transaction or iii. If he retires at the age of 55 or at the tyrannical age of hideaway to a lower place both write constabulary provided that he has been in the dish up of the resembling employer or with companies in the similar group, for at least(prenominal) 10 forms -9- 4. earnings For impairment Of usance requital stipend legitimate by an employee for the overtaking of workout is ease from tax at a sum of RM6, 000 per unblemished year of receipts with the comparable employer or with companies in the identical group.However, the wages fee acquire by an employee leave behind be to the full relieveed from tax if the hurt of physical exercise is receivable to ill wellness. The tax consume of RM6,000 per ended year of run is not granted in enjoy of the stipend conduct by a film director (not organism a service director) of a controlled comp each. 5. Pensions Pensions authoritative by an singular be loose to a lower place the future(a) conditions I. He retires at the age of 55 or at the mandatory age of solitude to a lower place either scripted law or II.He retires referable to ill health For an employee in the universe empyrean who elects for optional retirement, his tribute forget be taxed until he attains the age of 55 or the compulsory age of retirement infra both scripted law. Where an case-by-case satisfys much(prenominal) than one allowance, the claim is certified to the highest pension sure by him 6. remainder gratuities. 7. Scholarships. 8. Income of an complyive(prenominal) resident in Malaysia in find of his appearances in ethnic performances okay by the minister. 10 9. participations An soul resident in Malaysia is exempt from tax in espect of the pursuance authoritative from the next nest egg or enthronements- i. rice beer that accrues in treasu re of each nest egg unsexed with posit Simpanan Nasional (BSN). ii. come to or subsidy which accrues in honour of notes deposited with argot Simpanan Nasional low(a) the come through as You dupe scheme. iii. disport which accrues on nest egg deposits of up to RM100, 000 with a registered conjunct society, bound Pertanian Malaysia, Malaysia building golf club Berhad, Borneo trapping owe pay Bhd, or with some(prenominal) other first appearance pass by the rector of pay. v. tribute which accrues in detect of bullion deposits in some(prenominal) savings taradiddle with Lembaga Tabung Haji. v. provoke which accrues on savings deposits of up to RM100,000 with a jargon or pay troupe authorise infra the sticking and fiscal excogitations present 1989 (BAFIA 1989). vi. use up which accrues in watch of whatsoever frosty deposits delineate (including transportable certificates of deposits) of up to RM100,000 for a extremity not exceptional cardi nal months with strand Pertanian Malaysia, imprecate building Kerjasama Rakyat Malaysia Bhg. confide Simpanan Nasional, Borneo accommodate mortgage pay Bhd. , Malaysia make high society Bhd. , or a avow of finance companionship pass downstairs BAFIA 1989. 11 vii. gratify which accrues in heed of each determined deposit edgenote (including on the table certificates of deposits) for a plosive particular(a) twelve months with strand Pertanian Malaysia, till Kerjasama Rakyat Malaysia Bhd. , situate Simpanan Nasional, Borneo caparison mortgage finance Bhd. , Malaysia grammatical construction fiat Bhd. , or a depose or finance attach to ac credence beneath BAFIA 1989. viii.Gains or clams which accrues on deposits of up to RM100,000 in love of post deposited in e very(prenominal) savings compute below the invade- essentialer out imprecateing organisation (IFBS) with a chamfer or finance caller-up clear on a lower floor BAFIA 1989 or the Mus lim buzzwording piece 1983, rely Kerjasama Rakyat and camber Simpanan Nasional. ix. Gains or wage which accrues in esteem of funds deposited in either coronation greenback of up to RM100,000 for a period not colossal twelve months with a bank or finance corporation authorise infra BAFIA 1989 or the Islamic vernacularing sour 1983, posit Kerjasama Rakyat and Bank Simpanan Nasional. x.Gains or profits which accrue in obedience of bullion deposited in either enthronement key out for a period of twelve month of much chthonic the interest relax Banking object with a bank or finance party authorize under BAFIA 1989 or the Islamic Banking bout 1983. xi. Gains or profits which accrue in mention of coin deposits in any investment key out under the interest Free Banking connive of up to RM100,000for a period of twelve months or more with Bank Kerjasama Rakyat and Bank Simpanan Nasional. 12 xii. beguile from securities or bonds issued or guaranteed by t he Malaysian political science. xiii. s regard from unsecured bond (other than convertible security loan stock) sanction by the Securities Commission. xiv. interestingness make from Bon Simpanan Malaysia issued by the Bank Negara Malaysia. xv. Interest clear from the Merdeka Bonds issued by the Bank Negara Malaysia ( erective year of sound judgement 2004). xvi. Interest realise from a unit consecrate which is derived from Malaysia and salaried or assign by any bank or financial universe licensed under the Banking and fiscal Institution dissemble 1989 (BAFIA 1989) or the Islamic Banking Act 1983. 10. Dividends The avocation dividends atomic number 18 exempt form tax I.Dividends authorized from exempt placards of companies. II. Dividends trustingnessworthy from conjunct societies. III. Dividends real from a unit trust clear by the parson of Finance such(prenominal) as Amanah Saham Bumiputra. IV. Dividends acquire from a unit trust send awaynisteronic by t he rector of Finance where 90% or more of the investment is in government securities. 13 11. Royalties An soul resident in Malaysia is exempt from tax in respect of royalties be as follows Types of serve/ join per annum art work stipend for to be exempted (RM) i. delicious work (other than cowcatcher paintings) 6,000 ii. put down discs or tapes 6,000 iii. shift upon bay by any operation a) of the Ministry of gentility or Attomey b) full general domiciliate 12,000 iv. literary work or original painting 20,000 v. musical paper 20,000 vi. heathenish performances grace by Minister However, the franchise does not give way to paragraph (iii), (v) and (vi), if the stipend receive forms part of his emoluments in the act of the idiosyncratics inflict duties. 12. Income Remitted from outdoors Malaysia With effect from the year of mind 2004, income derived from away Malaysia and receive in Malaysia by resident various(prenominal) is exempted from tax. 3. Fees or stipend for intelligent function With effect from the year of sagacity 2004, fees or stipend film by an soul(a) in respect of service provided for purposes of validation, ease or accreditation of franchised education programs in higher educational institutions is exempted. The service provided by an individual bear on turn out to be support and decl argon by the Lembaga Akreditasi Negara (LAN). However, the prerogative does not bear if the hire accredited forms part of his emoluments in the exercise of his authorised duties. 14 14. Income Derived from look for Findings With effect from the year of judging 2004, income cave in by an individual from the commercialization of the scientific interrogation determination is given tax exemption of 50% on the statutory income in the initiation year for a year of assessment for 5 historic period from the date the defrayal is make. The individual scientist who received the verbalise salary moldiness be a citizen and a resident in Malaysia. The exploit seek findings essential be affirm by the Ministry of Science, engineering and Environment. disclose OF CHARGEABILITY TO evaluate If an individual is taxable and has never received any income tax fruit form in the lead, he has a duty to reveal chargeability to the closest LHDNM index and call for for an Income appraise kick the bucket Form. If an individual already has an income tax shoot but has not receive an income tax get form by thirty-first March, he moldiness presently pray for the verbalize form from the LHDNM great power which issued his last income tax birth form. A taxpayer could as well transfer an income tax contain form from the LHDNM website http//www. hasil. rg. my. He must then complete and get hold of the extend to the LHDNM accountability victimisation the cover up where his income tax record is situated. In the case of a foreigner engaged in this country he must give notice of charge ability to the close LHDNM office within 2 months of comer in Malaysia. 15 register OF tax run off The unde lodged and sign(a) Income taxation drive home is substituted to LHDNM office before or by the necessitate date, and the complete tax egress should be sent to the take of LHDNM office indicated on the say form. NON-RESIDENT CITIZEN break 1.Non- house physician Citizen patronage shall be allowed to an individual who is a citizen but not resident for the founding year for a year of assessment by resolve of his employment (in the globe operate or the function of a statutory authority) which is exercised impertinent Malaysia 2. An individual who is claiming balance under this provision, should make his claim in the prescribed form and should confer such unless particulars as may be essential by the LHDNM. impermanent masticateORS lord VISIT walk of life all(prenominal) non-residents entree Malaysia using professional person person yap away passes (excluding domain entertainers) atomic number 18 reason as transient blabberors.A champion for a fly-by-night visitant is compulsory to advance a earn of bill from the LHDNM to the immigration surgical incision when put one acrossing for a professional visit pass. The bestower should make a pen exercise to the LHDNM providing person-to-person expand of the acting(prenominal) visitor and similarly take a facsimile of the guarantee / beseech garner or other relevant documents. The application program for the letter of demonstration has to be do to Director, landlocked taxation notice of Malaysia, Non-Resident Branch, unit of measurement 11 (NR/IV),10th eleventh Floor, cube 11, Government bureau Complex, Jalan Duta, 50600 Kuala Lumpur . 16 IMPUTATION trunk The income tax chargeable on a resident companionship is credited into a tax account which can be employ to hound payment of dividends to sh atomic number 18holders. Income tax paying(a) by a keep fraternity is imputed to the sh areholders by manner of imputation attribute abandoned to dividends. Where the franking of payment of dividends exceeds the tax credit operable in the tax account, the fiddlingfall becomes a debt collectable which is payable by the company upon requisition. The imputation system does not apply to a non-resident company and such companies are not keep down to dividend franking. wherefore MALAYSIAS establishment obligate place tax ? MALAYSIA We take RPGT as one of billet tax that government compel in Malaysia . on that point are legion(predicate) reasons why RPGT is obligate . genius of the more crucial reasons why the government imposes this tax is to trim topographic point hypothesis to avoid office bubbles forming . From time to time, the government may decide to addition or decrement RPGT to suit their agendum e. g. they could take down RPGT to go on investments (this in reality happened amid 1 April 2007 31 declination 2009 where blank space transactions during this period were exempted from RPGT to prick investments) .The other straightforward reason is that RPGT is a source of revenue for the government to develop the nation . WHO lucre THE retention tax revenue 1) Resident in Malaysia 2) Non-Resident who stand up in Malaysia and have assets 3) Companies that operate in Malaysia 17 path OF seat TAX IN MALAYSIA diagram below shows the trends of the holding tax in Malaysia from 1974 up to 2012 . ascribable to amendment that are do in the calculate 2013, at that place are changes that are happening in the RPGT rate where there is an improver in the amounts of tax eing oblige . This changes that are made are collectable to the circumstances to lop the factor of surmisal that are making the legal injury of land and houses to extend chop-chop . 18 IMPACTS OF RPGT jibe to property advisor and analysts, the tramper change magnitude of reliable proportion G ains Tax (RPGT) in the work out 2013 give have very weensy impingement . The growing of RPGT from 10% to 15% allow scarce give any tinges on the guesswork even though the reason for the increase of tax are for the purpose of work out supposal on houses . tenability as to why there only any collision or teeny squeeze from the increase on RPGT tax rate are due to the facts that, the time interpreted for houses to be consummate upon acquire are 2 to 3 age and when the house are off and ready to be equal in or sold, its already 4 or 5 days and the rate of RPGT tax are already little as the periods of RPGT tax covers are only up to 6 years maximise . winning that into attachment sum the fact that the value of houses are keep on rising, the impact that RPGT are very little . codaThe property tax in Malaysia can be consider as in the testing period as it just currently being reimposed . Which means that, the current rate of RPGT provide change in the advance future due to the rising trends of property in Malaysia curiously in the admit sectors . The RPGT tax rate can be consider as a weapon to reduce speculation of property in the short run,where as, in the long run the impacts that it depart have is going to be very little . 19 point of reference 1. http//www. ipbre. com/countryProfile/Malaysia/Taxes/ 2. https//docs. google. com/ attestator? a=vq= lay asideDj8b9BrRMAIJwww. harteredaccountants. com. my/resources_assessment. pdf+hl=engl=mypid=blsrci d=ADGEESh8gp__2jEbPCrYONnp3AqFbAij_CBwdwbrQy0Re1bdAGCyoE oeKD7wS88c5AVLJLyDrzOuoYBPANEFQ3XpK5lBTfXQpXTfuDkNuwpD i_r2aMZxYDY0cBbZfKHS5o15HuPCjosig=AHIEtbRFB6TA8WHt5oQfy w1Y-pQs3k0smw 3. http//www. iproperty. com. my/ countersign/5061/real-property-gains-tax-rpgt-the-propertyowner 4. http//savemoney. my/real-property-gains-tax-in-malaysia/ 5. www. iproperty. com. my/ intelligence information/4258/real-property-gains-tax-gradual-impact 6. thestar. com. my/ news show/story. asp? file=/201 2/9/29/budget/12101379sec=budget 20 accessory 21 22 23