Monday, 18 July 2011

Stamp Duty on Sale Transaction / Tenancy

Stamp Duty on Sale Transaction
Stamp Duty on Sale Transaction
House Value
Stamp Duty Payable
1st RM100,000.00
1%
Next RM400,000.00
2%
> RM500,000.00
3%
  
For Example:
House Value = RM3,600,000.00
1st RM100,000.00
(1%)
= RM
1,000.00
next RM400,000.00
(2%)
= RM
8,000.00
next RM3,100,000.00
(3%)
= RM
93,000.00
Total

= RM
102,000.00
Note: Stamp Duty shall be paid by Purchaser. 
Note: for reference only.

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