Nov 21
So many citizenry buy singapore real estate in their personal name or self-managed superior investment firm and then let the properties back again to the business organization they possess. This permits the private tax payer or super investment firm to ask the assess depreciation allowance account – which might be significant on commercial-grade real estate. It is entirely legal – you could spend as much time in the office place as you wish and also the Taxation Officer would not see it your central position of residence.