Stamp Duty Quiz

What is the stamp duty rate applied to the next RM400,000 for property transfer amounting to RM600,000.

• A 1%

• B 2%

• C 3%

• D 4%

Which of the following transfers qualifies for full stamp duty exemption?

• A Transfer from grandparent to grandchild

• B Transfer between siblings

• C Transfer from parent to child as a gift

• D Transfer between spouses

A Malaysian citizen is purchasing their first home valued at RM 600,000 in year 2024. Are they eligible for any stamp duty exemption.

• A Yes, full exemption

• B Yes, 75% exemption

• C No Exemption

• D Only on the loan agreement

A Malaysian grandparent gifts a property valued at RM1.5 million to their grandchild. What is the applicable stamp duty?

• A Full exemption

• B 50% remission on the entire amount

• C Full exemption on RM1 million; 50% remission on the remaining RM500,000

• D No Exemption

What is the penalty for stamping within 3 months late from the deadline?

• A RM 25 or 5% of unpaid duty (whichever is higher)

• B RM 50 or 10% of unpaid duty (whichever is higher)

• C RM 100 or 20% of unpaid duty (whichever is higher)

• D RM 500 flat

What are the two types of duties in stamp duty?

• Fixed Duties

• Ad Volarem Duties

• Import duties

• Export duties

A Malaysian signs a tenancy agreement while overseas on 10 April 2025, and the document arrives in Malaysia on 25 April 2025. What is the latest date it can be stamped without penalty?

• a) 25 May 2025

• b) 10 May 2025

• c) 1 May 2025

• d) 10 June 2025