CUKAI TANAH DIMANSUHKAN

CUKAI TANAH DIMANSUHKAN

15.03.2016

REMISSION OF LAND RENT

Referring to the announcement made on 26th of February 2016 on “The Remission of Land Rent”, I would like to specify that this remission will apply to smallholder agriculture land which is less than 100 acres and residential land.

With effect from 15th of March 2016, land rent shall no longer be charged on these land. All arrears and surcharges, if any, are hereby waived.

This decision will affect 360,422 titles with land rent amounting to RM8.58 million (19% of total land rent) whereby:-

a)      173,752 titles are smallholder agriculture land (less than 100 acres) with land rent amounting to RM3.62 million (or 8% of total land rent); and

b)      186,670 titles are residential land with land rent amounting to RM4.96 million (or 11% of total land rent).

Source: Facebook CM Adenan Satem