Malaysia legislation
Section 3
Section 3
(2)
Subject to this Act, the tax shall be charged on every ringgit of the amount of chargeable gain accruing to a chargeable person in a year of assessment in respect of each category of disposal of chargeable asset specified in Schedule 5.
(2A)
For the purposes of this Act, the chargeable gain accruing on the disposal of chargeable asset for a year of assessment shall be—
(a)
ascertained by reference to each disposal separately; and
(b)
treated as a separate chargeable gain from each disposal of chargeable asset for the year of assessment.
Rate of tax