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If a Singaporean inherit a property and decides to sell it, how will LHDN determine the RPGT?
Will it be based on the valuation of the property at the time of transfer is completed and the selling price?
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<en>Ryan</en> <en>Chong</en>
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Date of Disposal for Individual (Non-Citizen) Within 5 years from the date of the acquisition: 30% In the 6th year and subsequent year: 10% How do I determine the applicable RPGT years? Say you inherited a property from a relative or friend who has passed away, when selling it off (you will be known as the executor), as per the RPGT Act for the deceased’s estates: Date of death of the deceased = Acquisition Date by the executor Example: 1 Jan 2021, your acquisition date will be 1 Jan 2021. If you were to sell off this property, your RPGT will fall within the 2 years period hence you will need to pay 30% Hi, I am Ryan from PropNex Malaysia. I would like to assist you with your enquires. Please do contact me at +6017 3377 998  or WhatsApp https://wa.link/klzr5z Read More
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