By Leung Yew Kwong, See Wei Hwa
This latest edition contains an in-depth discussion of the law and practice of property tax in Singapore, combining sound legal analysis with practical advice on the administrative and compliance aspects of the property tax. It further explains the subtle difference in the operation of the statutory provisions and the legislative intentions behind them. In addition, it traces the key changes in the property tax regime over the years since it inception in 1960.
Discusses key developments in the Singapore property tax landscape in recent years, as well as landmark cases as First DCS, Pan-United Marine, Glengary and BFC Development.
2. Chargeable Properties
3. Basis of Assessment
6. Principles of Assessment
7. Methods of Assessment
8. Valuation List and Back Collection of Tax
9. Objections and Appeals
10. Payment, Collection and Administrative Matters
About the Authors
Leung Yew Kwong
Leung Yew Kwong is Principal Tax Consultant at KPMG Services Pte Ltd since April 2012. he has argued various tax appeals before the Valuation Review Board, the Income Tax Board of Review, the High Court and the Court of Appeal. When he was in the IRAS, he was appointed the Chief Assessor and the Deputy Comptroller of Property Tax by the Minister for Finance under the provisions of the Property Tax Act.
See Wei Hwa
See Wei Hwa is a Manager at KPMG Services Pte Ltd. Wei Hwa's areas of practice emcompass both advisory and compliance relating to income tax, property tax, stamp dutie, and goods and services tax. In addition to co-authoring Property Tax in Singapore (3rd Ed), Wei Hwa has also contributed to the commentary in LexisNexis Annotated Statutes of Singapore: Stamp Duties Act (2014 and 2015 editions). He is undertaking the Master's course in International Taxation at the University of Leiden in the 2015/2016 academic year.