Lower taxes for 95% of owner-occupied homes next year

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#11
Don't think there is any difference in tax between local owned or foreign owned. At least I never see a line about that in my property tax statement.
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#12
(27-11-2013, 10:25 AM)NTL Wrote: Don't think there is any difference in tax between local owned or foreign owned. At least I never see a line about that in my property tax statement.

Taxes are differentiate by definition of tax residence, rather base on citizenship. It is a common approach by most countries IIRC.
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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#13
Higher taxes for non-owner occupied home


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Not a call to Buy or Sell

Mr Bump: All I Can Smell Is My FEAR
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#14
This together w low income tax makes it very attractive for FTs to work here. Maybe this is one factor that w support property prices.

(27-11-2013, 10:41 AM)CityFarmer Wrote:
(27-11-2013, 10:25 AM)NTL Wrote: Don't think there is any difference in tax between local owned or foreign owned. At least I never see a line about that in my property tax statement.

Taxes are differentiate by definition of tax residence, rather base on citizenship. It is a common approach by most countries IIRC.
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#15
To add:

~No More Vacancy Refund ~

Properties with vacant periods from 1 Jan 2014 onwards will not be eligible for property tax refund.

Come 2015/2016 lots of units will TOP. Just a thought: Is IRAS anticipating that something not so pleasant will happen to the property scene?

(27-11-2013, 09:05 PM)kbl Wrote: Higher taxes for non-owner occupied home
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