Source : Sunday Times - 5 Apr 2009
I refer to the report, ‘Rents in prime areas head south’ (March22), and wonder why the Inland Revenue Authority of Singapore (Iras) is not reducing property tax this year despite the falling property prices and rents.
I understand Iras needs to be prudent about collecting taxes, but it also has to be proactive and adjust the annual values of properties downwards, in line with the market.
David Goh
No comments:
Post a Comment