In an asset disposal transaction involving consideration in the form of money or part of the money, the acquirer shall retain and remit part of the total value of the consideration or all of the money consideration, whichever is lower, as follows:
| Disposer Category (Table 5) | Remittance rate by acquirer |
|---|---|
| Part I | 3% |
| Part II (Within 3 years) | 5% |
| Part II (4th year onwards) | 3% |
| Part III | 7% |
Starting from the disposal of Year of Assessment 2026, an additional option is given to the acquirer to hold and remit an amount equal to the deemed assessment amount to the DGIR if the notification of the deemed tax amount is notified by the disposer to the acquirer before the remittance is made. The acquirer must make a choice of the amount to be remitted, namely:
The acquirer is required to remit the amount to the Director General of Inland Revenue (DGIR) within 60 days after the date of disposal. The amount remitted will be used to pay all or part of the tax imposed on the disposer.
If the acquirer fails to pay the amount, an increase of 10% of the amount not paid will be imposed on the acquirer. The amount that should have been paid and the increase is the acquirer's debt to the Government and must be paid to the DGIR.
