Malaysia legislation
Section 11
of MEASURES FOR THE COLLECTION, ADMINISTRATION AND ENFORCEMENT OF TAX ACT 2024
Section 11
Amendment of section 13
The Real Property Gains Tax Act 1976, which is referred to as the “principal Act” in this Part, is amended in section 13—
(a)
by substituting for subsection (4) the following subsection:
“(4) Where a person makes a return under this Act, the return shall be furnished to the Director General in the prescribed form in an electronic medium or by way of electronic transmission in accordance with section 57a.”;
(b)
by inserting after subsection (6) the following subsection:
“(6a) The notification referred to in subsection (6)
shall be furnished to the Director General in an electronic medium or by way of electronic transmission in accordance with section 57a.”; and
Act 863
(c)
by substituting for subsection (7) the following subsection:
“(7) For the purposes of section 21b, a person who disposes of a chargeable asset shall serve the notification referred to in subsection (6) on the acquirer within sixty days from the date of the disposal and such notification shall be deemed to have been served on the acquirer on the day on which the notification is furnished to the Director General in accordance with subsection (6a).”.
Amendment of section 14