How do they calculate property gain tax ?.
Is it merely calculated from the GAIN only ?. If this is the case, then no effect at all because lets say your gain is 100K, then 10% tax is 10K, you still make 90K. Rite ?.
If we dont make any gain, lets say we sell it with ZERO profit (break even), any tax ?.
I just want to understand about this tax, any bros here know how it work?. dont mind sharing here I hope.
Is it merely calculated from the GAIN only ?. If this is the case, then no effect at all because lets say your gain is 100K, then 10% tax is 10K, you still make 90K. Rite ?.
If we dont make any gain, lets say we sell it with ZERO profit (break even), any tax ?.
I just want to understand about this tax, any bros here know how it work?. dont mind sharing here I hope.