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CAF-2 · Chapter 9 · Question 5 of 15

For an active taxpayer, what is the capital gains tax rate on the disposal of an immovable property acquired on or after 1 July 2024?

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: C) C) 15% regardless of the holding period.

Explanation

For properties acquired on or after 1 July 2024, a flat rate of 15% applies for persons appearing on the Active Taxpayers' List, completely regardless of the holding period.

All 15 questions in Chapter 9Capital Gains MCQs with answers

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