27-11-2013, 10:04 AM
How about between locals and foreigners/PRs, any difference in tax amount?
(27-11-2013, 09:34 AM)Muck Wrote:(27-11-2013, 12:32 AM)Zelphon Wrote:(27-11-2013, 12:11 AM)Muck Wrote:(26-11-2013, 09:34 PM)pianist Wrote: Fully owner ocuppied house has to subject to property tax? Doesn't seem to make sense
Care to explain why you think so? Does not seem unusual to me - it is a tax on property owned.
But the properties were LEASED !!!
Not owned...
Ahahaha.... I see where you're getting at. Still, leasehold property still means you have bought rights to that property, albeit for a specified period. This is not unique to Singapore. Besides, ppty tax is applied to both leasehold or freehold, even if owner-occupied.