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The government will go ahead with its plan to implement the five per cent real property gains tax (RPGT) on Jan 1, 2010, said Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah.
He said it has yet to see any real effects on the property sector since the RPGT announcement, noting the tax to be imposed on gains from property disposal is irrespective of the holding period and category of owners...
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