When should I pay for RPGT?
As prescribed by law, the buyer’s lawyers are required to retain a 3% of the purchase price from the deposit and remit the same to the Inland Revenue Board within 60 days from the date of the S&P Agreement to meet the RPGT payable.
To read the full article, please visit Understanding The Concept Of Real Property Gains Tax (RPGT)
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Source: Understanding The Concept Of Real Property Gains Tax (RPGT)
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