Home buyers blame real estate agents for ‘99-to-1’ ABSD probes

Name: Home buyers blame real estate agents for ‘99-to-1’ ABSD probes
Uploaded: 2024-05-27T10:33:30+00:00Z
Duration: PT2M12.075S
Description: Are property agents encouraging tax avoidance? Some home buyers are accusing real estate agents for endorsing '99-to-1' ownership. Iras reviewed 187 cases, identifying potential tax avoidance in 166, resulting in S$60 million in clawbacks.

Are property agents encouraging tax avoidance? Some home buyers are accusing real estate agents for endorsing '99-to-1' ownership. Iras reviewed 187 cases, identifying potential tax avoidance in 166, resulting in S$60 million in clawbacks.

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