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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

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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).

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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