Singapore legislation
Regulation 3B
of Property Tax (Valuation by Gross Receipts for Hotel Premises) Order 2007
Regulation 3B
Assessment of annual value of hotel function room
Amended byS 795/2017 wef 01/01/2018
Subject to the provisions of this Order, the annual value of a hotel function room for any calendar year is —
(a)
if the hotel function room is first used as such in that year or such use is resumed or resumes in that year, 10% of the annual equivalent of the total gross receipts from the hotel function room in that year; or
(b)
in any other case, 10% of the total gross receipts from the hotel function room in the preceding calendar year.