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Rpd 41373 Form

Rpd 41373 Form

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Instructions and help about rpd 41373 new mexico

right okay uh so my the topic is Real Property companies can you hear me clearly yes all right okay all right so this real property companies is an extension all right or um uh a continuation from your real property gain STX right so a real property gain stats is another uh law all right that look into the disposal of asset subject to uh rpgt can you see that okay uh just a revision that rpgt you going to determine how much is the disposal price compared your acquisition price then you have a chargeable gain or allowable loss and exemptions are given to individual right uh the individual it doesn't matter whether they citizen or non-citizen all right the exemption is 10% of the chargeable gain or 10,000 ring whichever is higher and if you have allowable loss you can deduct your allowable loss from there and then come out to the how much is the balance Times by the rpgt tax rate yeah and then if you have loss relief right brought forward prior to 1st April 2007 then that relief

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