Singapore legislation
Regulation 4
of Property Tax (Valuation by Gross Receipts for Hotel Premises) Order 2007
Regulation 4
Assessment for period of less than one year
Amended byS 795/2017 wef 01/01/2018
For the purpose of an assessment under paragraph 3(1)(b) or (3), 3A(b) or 3B(b), if the total gross receipts from a hotel room, a hotel food establishment or a hotel function room is for a period of less than a calendar year, the annual value of the hotel room, hotel food establishment or hotel function room (as the case may be) is to be based on the annual equivalent of the total gross receipts in that period.