Capital Gains Tax Summary of new provisions

Presently, there is no Capital Gains Tax (CGT) system in Malaysia, except for the Real Property Gains Tax (RPGT), which solely applies to profits generated from the sale of real estate or shares in a Real Property Company (RPC), with rates ranging from 0% to 30%.

It is now clear that this new Capital Gains Tax (CGT) regime exclusively applies to companies and other corporate entities, encompassing capital gains from the disposal of foreign-sourced assets. Consequently, individual taxpayers remain exempt from CGT on both Malaysian and foreign assets.


Capital Gain Tax Newsletter