Question 1

Stamp duty is a stamp that imposed on instruments and transaction. true or false.

Accepted Answer

False

Answer

True

Question 2

when is the timing to stamp the instruments executed outside Malaysia?

Accepted Answer

within 30days

Answer

within 20days

Answer

within 40days

Question 3

those are the example of ad velorem, except?

Accepted Answer

education loan

Answer

transfer of share

Answer

loan and service agreements

Answer

all above

Question 4

what is the rate for next RM400,000 in ad velorem stamp duty ?

Accepted Answer

2%

Answer

1%

Answer

3%

Answer

5%

Question 5

what is the exemption stated in section 15?

Accepted Answer

exemption for amalgamations or reconstructions

Answer

exemption of islamic financing instrument

Answer

all above

Answer

exemption for labuan company

Question 6

What are the penalties when Hawani paid the stamp duty late for 2 months?

Accepted Answer

RM 25 or 5%

Answer

RM 40 or 8%

Answer

RM 50 or 10%

Answer

RM 100 or 20%

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