Publication Type
Journal Article
Version
publishedVersion
Publication Date
3-2018
Abstract
The new additional conveyance duties regime has gone beyond attempting to achieve tax neutrality between direct transfers of residential property and indirect transfers through the use of property-holding entities. It taxes an entirely new tax base and raises issues such as: the extremely broad concept of an “associate” relationship; definition of “unit in a property trust”; anti-avoidance provisions; liability for providing false information; tax neutrality; and the considerable flexibility that the section 23 Order provides the Government. This article analyses the regime in detail and considers the implications of various changes to the prescribed values in the section 23 Order.
Discipline
Asian Studies | Banking and Finance Law
Research Areas
Corporate, Finance and Securities Law; Private Law
Publication
Singapore Academy of Law Journal
Volume
30
First Page
119
Last Page
148
ISSN
0218-2009
Publisher
Singapore Academy of Law
Citation
OOI, Vincent.
The new additional conveyance duties regime in the Stamp Duties Act. (2018). Singapore Academy of Law Journal. 30, 119-148.
Available at: https://ink.library.smu.edu.sg/sol_research/2748
Copyright Owner and License
Author
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.