When it comes to taxes, action really speaks louder than words because what you have done matters more than your motives behind the transactions under scrutiny.
Here are the three key misconceptions that have landed property buyers in trouble because they used the 99-to-1 loophole to dodge the additional buyer’s stamp duty (ABSD).
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
