Q. Upon the implementation of Local Government Act 1976, City Hall of Kuala Lumpur has several times prepared new valuation list. As per the said Act, the new valuation list Read More …
Category: 2017 D04 Tax
Income Tax relief items and life style tax relief Q2
Q.a) Explain ten (10) items that could be given tax relief under the assessment of Income Tax 2017. (20 marks) b) Discuss the life style tax relief for 2017 assessment Read More …
Land Titles and Reverting title back to SA Q3
Q. a) Explain the items below: i) Land Office Title (5 marks) ii) Land Registry Title (5 marks) iii) Stratum Title (5 marks) iv) Strata Title (5 marks) b) State Read More …
Development Charge and En Wahab Calculation of Q4
Q. a) With reference to Town and Country Planning Act, 1976 (amended), explain with examples why the land owner is required to pay Development Charge. (15 marks) b) Encik Wahab Read More …
Stamp Duty calculation and Fixed v Ad Valorem Duties Q5
Q. a) With reference to Stamp Duty Act 1949 (Amended), calculate the stamp duty levied for cases below: i) Ali was selected to purchase a ‘Rumah Selangor Ku’ for RM150,000.00. Read More …
RPGT Calculation Bangi White Coffee Q6
Q. Bangi White Coffee Sdn Bhd has purchased a double-storey end lot shophouse on 1 June, 2015 for RM1,500,000. On 1 February, 2017 Bangi White Coffee Sdn Bhd manage to Read More …
Rates Contribution, Exempted and Premium & Additional Premium Q7
Q. Explain the followings: i) Contribution to rates (5 marks) ii) Exempted rates (12 marks) iii) Premium and additional premium (8 marks) (25 marks, 2017 Q7) A. i) Contribution to Read More …