Inheritance tax akin to punishing people's savings
The issue of inheritance tax has resurfaced again as one the proposals to enhance the Government’s revenue.
No plans to abolish RPGT, says Finance Ministry
KUALA LUMPUR (Oct 10): Putrajaya does not plan to get rid of the Real Property Gains Tax (RPGT) for the time being “as it has not reached the one-year implementation period”, the Finance Ministry said, The Star reported today.
Putrajaya unlikely to introduce new tax measures in Budget 2020, Guan Eng says
KUALA LUMPUR (Aug 6): Finance Minister Lim Guan Eng said the government is not likely to introduce new tax measures in Budget 2020, which will be tabled in Parliament in October.
Report: Will there be new taxes on inheritance and capital gains?
KUALA LUMPUR (Oct 6): The Edge Malaysia asked this question as part of its cover story this week: Will we see new taxes on inheritance and capital gains? “Talk of new taxes being introduced normally intensifies as the tabling of the annual budget approaches.
Govt to amend hereditary land law
PETALING JAYA (March 22): The government has proposed to amend the Small Estates (Distribution) Act 1955 (Act 98) to enable the distribution of hereditary land without inheritance agreements, instead allowing the land administrator to decide according to the “majority rule” method, reported Bernama.
Is Malaysia ready for reverse mortgage?
WORRY-free retirement is something many people look forward to.
Ensuring a smooth inheritance
For most Asians, owning a piece of real estate or property means owning a legacy in the form of an asset which a family can pass on through the generations.
