The introduction of Capital Gains Tax (CGT) has significantly altered the tax landscape in Malaysia (see our Special Alert: Navigating Capital Gains Tax: Roadmap to a New Tax Landscape dated 26.2.2024). The interplay between CGT and the existing Real Property Gains Tax (RPGT) regime has raised many questions, particularly due to the various exemptions, amendments, and complexities introduced in recent months.

To assist in navigating these changes, the LHAG Tax Team has prepared a flowchart outlining the taxability of real property, RPC shares, and other capital assets under the RPGT and CGT regimes. Please note that the law is stated as of June 2024.

If you have any queries, please contact Partner, Chris Toh Pei Roo (tpr@lh-ag.com), or Pupil, Soon Jia Ying (jysoon@lh-ag.com).