Singapore legislation

Regulation 5

of Property Tax (Exemption of Land under Development) Order

Regulation 5

Exemption

Subject to the provisions of this Order, any vacant land to which this Order applies shall be exempt from tax for the period commencing on the date of commencement of the foundation works until the earlier of —

(a)

the date of expiry of a period of 3 years from the date of commencement of the foundation works; or

(b)

the date of issue of the TOP for the building or, where TOP is not issued, the date of the CSC.

Read in full context — Property Tax (Exemption of Land under Development) Order →