Hello all,
I bought a 3 bhk condo (freehold) in Singapore a while ago.
Am planning to establish a Sole Proprietership in Singapore under my Wife's name and get a Home Office license for the unit (under the URA Home office scheme - http://edanet.ura.gov.sg/dcd/homeoffice ... Oindex.jsp ).
Is anyone aware of any property tax implications?
I am currently paying the owner residential status (staying on premises) property tax for my unit.
Even after this I will be staying there along with my wife.
Would I be assesed for property tax under commerical tax status?
I plan to call IRAS on Monday to check as well.
Thanks!