Malaysia legislation
Section 7
of MEASURES FOR THE COLLECTION, ADMINISTRATION AND ENFORCEMENT OF TAX ACT 2025
Section 7
The Real Property Gains Tax Act 1976, which is referred to as the “principal Act” in this Part, is amended in section 13
by inserting after subsection (7) the following subsections:
“(8) A person who disposes of a chargeable asset and is required to make a return under this section may notify the acquirer the amount of tax payable on the chargeable gain for the disposal in the return made under subsection (1)
for the purposes of section 21b.
(9)
The notification made under subsection (8) shall be deemed to have been served on the acquirer by the disposer on an electronic medium or by way of electronic transmission on the day which the return made under subsection (1)
is furnished to the Director General.”.
Amendment of section 13a