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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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1 Answer

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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