Stamp (Amendment) Bill 2017 WITHDRAWN!

Here’s a quick update, especially for those of you in the market for a property. Some time in September 2017, I reminded prospective purchasers of properties to be mindful of the 2016 Malaysian budget announcement that transfers of RM1,000,000/- and above will be subject to an increased stamp duty of 1%

Inheritance Tax

Speculation has been rife, over the past two months, that estate duty or inheritance tax would be reintroduced. This rumour isn’t new. In fact, such talk has recurred over the years.