Monday, February 21, 2011

ST Forum : Govt has legal option to tax based on land size

18 Feb 2011,
Govt has legal option to tax based on land size

I REFER to the letter from Mr Goh Ching Soon ("Make property tax more equitable"; Wednesday).

The current law gives the option to the authorities to tax the land if the situation calls for it.

Our Master Plan controls the plot ratio of lands, so a bungalow plot may not house that many apartments.

The Government introduced a progressive property tax regime which perhaps can address some of the issues raised by Mr Goh.

Patrick Sio

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