Last week I attended the Learnabee webinar on CGT & valuation.

Honestly… I got a shock.

Same company.
Same shares.

Client file: RM3.50
LHDN adjust: RM5.10

No mistake.
Just different valuation.

That gap?

👉 More tax
👉 Penalty
👉 Surcharge

I’ve seen cases go up to RM300k+.

The real issue is not tax rate. It’s documentation.

There are many “correct” valuation methods.
But the real question is:

Can you defend your number?

If cannot explain…
you are not filing. You are guessing.

If your company has:

• Share transfer
• Capital restructuring
• Shareholder exit

You may already have CGT exposure.
In tax, a number without support is just an opinion.

If you’re not sure your valuation can stand… better check first.
Because once filed, cannot reverse.

Have you reviewed your share transactions recently?

PS : Authored by Mr Koh Teck Peng, the group principal and licensed valuer from the International Association of Certified Valuation Specialist (IACVS) in his personal LinkedIn post.

PS : Read the full content in our blog
https://www.ktp.com.my/blog/capital-gain-tax-valuation/25mar2026