17) Buy property valued below or at RM250000
Stamp duty must be paid on all property transactions that involve a change of legal ownership.
Last year’s budget ( 2008 ) announced a 50% stamp duty exemption for the purchase of houses that do not exceed RM250000
The maximum tax savings that can be found here is RM2000 ( for a house worth RM250000 )
This exemption is only given for one house per individual and applies to sale and purchase agreement signed between September 2007 and December 2010
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