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Which statements is false of private residence exemption

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Reference no: EM132944828

Problem 1: In relation to the private residence exemption (PRE) for real property gains tax (RPGT) purposes, which of the following statements is FALSE?

A. The PRE is an exemption that an individual can only enjoy once in their lifetime

B. Only Malaysian citizens or individuals permanently resident in Malaysia are eligible for the PRE

C. A disposer is entitled to PRE only if an irrevocable written application to the Director General of the Inland Revenue is made

D. The PRE is only available in respect of a private residence in which the disposer has resided

Reference no: EM132944828

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