1 Answer

askguru expert
Hi Sir/Madam,

Yes, a company disposing off its assets is always subject to RPGT regardless of the type of property or land owned by the company. Additionally, at this juncture, companies are not entitled to any RPGT exemptions.

In summary, RPGT payable by a company is as below:-

(a) 0-3 years – 30%
(b) 3-4 years – 20%
(c) 4-5 years – 15%
(d) more than 5 years – 10%

To know more about RPGT read the article below:-

Best regards,
Team PropertyGuru. Read More