RM3 for each RM1,000 or a fraction of it depending on the counterparty or value, depending on the highest value. The Stamp Board generally applies one of three methods of assessing common shares for stamp duty purposes: in general, the transfer of real estate may result in a significant stamp duty: up to 300,000 (transfer and loan agreement) (Note 1) a) Non-governmental contracts (d. h. between private companies and service providers) As part of these initiatives, the following legislation was put in place on 28 July 2020 with retroactive effect as of 1 June 2020. Stamp duty is levied on instruments and not on transactions. If a transaction can be carried out without the creation of a transmission instrument, no tax is due. The penalty for delayed stamps varies depending on the delay period. The maximum fine is RM100 or 20% of the duty obligation, depending on the highest amount. Gem der Stamp Duty (Exemption) (No. 3) Order 2020, any loan contract to finance the acquisition of a residential property worth more than RM 300,000, but no more than RM2,500,000 under the 2020/2021 Housing Campaign (“HOC”), executed between an individual and a licensed lender, is exempt from stamp tax. Stamp duty (exempt) (No. 4) Regulation 2020 provides that any transmission instrument for the acquisition of a dwelling worth more than RM 300,000, however no more than RM2.500,000 under the HOC the first RM1,000,000 or less of the value of the residential property and the stamp duty of RM3.00 is levied for each RM100 of the balance of the value of the residential property greater than RM 1,000,000.

As part of the stimulus package announced on 5 June 2020 (PENJANA), the government has proposed to abandon, under the Home Ownership Campaign (HOC), stamp duty on transfer contracts and loan for the purchase of residential real estate at a price of RM 300 001 at 2.5 million euros.RM under the Home Ownership Campaign (HOC), that promoters would also offer a discount of at least 10% (see EY Take 5: COVID-19: Short-Term Economic Recovery Plan). A HOC 2020 / 2021 certification issued by the Real Estate and Housing Developers` Association (REHDA) Malaysia, Sabah Housing and Real Estate Developers Association (SHAREDA) or Sarawak Housing and Real Estate Developers` Associate (SHEDA) must be submitted by individuals to the IRB for exceptions. Exemptions, remissions or tax breaks are as follows: fees vary depending on the type of instruments and the liquidated values. The tenancy agreement between the landlord and the tenant, which has been executed and stamped, will come into effect on January 1, 2018 or later. These two guidelines explain the application procedures by setting regulatory conditions for authorization, the requirement to provide documents and the circumstances that could lead to the withdrawal of the stamp duty order granted. A copy of the legal declaration to be provided for the application of the aforementioned stamp duty reduction is also attached in the respective guidelines. A house, condo, apartment or apartment, purchased or purchased solely for use as a residential home, and includes a service apartment and a small home office (SOHO), for which the developer has obtained permission for a development license and an advertising and sales permit in accordance with the Housing Development (Control and Licensing) Act 1966, Housing Development (Control and Licensing) Enactment 1978, Sabah or Housing Development (Control and Licensing) Ordinance 2013, Sarawak Stamp duty exemption was granted in the same way as stamp duty exemptions according to ad hoc, the RPGT exemption appears to be granted only to Malaysian citizens.