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VIRUS OUTBREAK
IRAS clears air on tax rebate; most landlords to pass on rebates
But some tenants say the rebates do not translate to princely savings; one cited figure of 18% on a month's rent
All types of shops, including those in mixed-use developments, will qualify for the property tax rebate for landlords, says the Inland Revenue Authority of Singapore (IRAS).
PHOTO: ST FILE
Singapore
ALL types of shops, including those in mixed-use developments, will qualify for the property tax rebate for landlords, says the Inland Revenue Authority of Singapore (IRAS).
In its updated e-tax guidelines posted on Tuesday, the agency stated that commercial properties,...
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