This blog is for expats out there who are interested in moving to Johor, Malaysia & our families/friends who would like to hear about what we've been up to since the move.
Sunday, December 8, 2013
Medini zone in Iskandar granted property gains tax exemption
Thought this is an interesting update: "Malaysia has granted a substantial tax break to a zone in a showpiece investment project near Singapore, a move likely to provide crucial support to a US$800 million (RM2.5 billion) initial public offering of the area's developer next year". Time to relook into investment strategy for this area?
Labels:
capital gain,
iskandar,
medini,
nusajaya,
property tax,
tax,
uem
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Great news for the people of Iskandar! No more tax rate schedules and filing for them for at least some time.
ReplyDeleteEast Ledang is not included I think.
ReplyDeleteHi I'm new here but have been reading your wonderful blog for some time .. As you have imported your house effects from bali how did you manage to ship it in and how much was the tax .. Can please help me on this my email is rg2824@me.com thanks
ReplyDeleteHi Ram, I'll email you the information. Cheers
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