Singapore property tax
Gov't to offer rebates for owner-occupied residential properties amidst looming tax hike
Gov't to offer rebates for owner-occupied residential properties amidst looming tax hike
The property tax will increase on 1 January 2024.
Which segment will take the blow from the property tax hike?
The hike will come into effect in 2023.
How will the property tax hike affect the residential market?
As outlined in the 2022 Budget, property tax will increase in 2024.
Is property tax ready for the future economy
Property tax, which originated as a municipal levy, hardly receives much attention from fiscal strategists, especially in these days of the re-design of the global tax system under the OECD/ G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS 2.0).
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