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A handicapped and unemployed relative inherited a landed property from his deceased father who did not leave a will. LHDN has under section 36 of Akta stem 1949, levied RM9,450 stamp duty on the property valued at RM51800,000. I thought that the stamp duty should be RM10 only.
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<en>Wayne</en> <en>Wee</en>
Hi,

Yes, it is calculated based on market value.

Just make sure there is exemption of the stamp duty. Can refer Stamp Duty (Remission) (No. 2) Order 2019 (P.U. (A) 369): Remission of 50% of stamp duty chargeable on any instrument of transfer of immovable property between parents and child.

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