Understanding Property Tax In Singapore
What Is Property Tax & Why Does It Matter? Property Tax in Singapore is a wealth tax levied on property ownership. It is not a tax on rental income. It is levied on the ownership of properties, irrespective of whether the property is occupied or vacant. This is a recurring tax and the amount of tax payable depends on 2 factors: 1) Property type 2) Annual value (AV) This property tax is payable annually on 31st Jan and