Public Consultation On Draft Property Tax (Amendment) Bill 2004

The Ministry of Finance is seeking comments and views on the draft Property Tax (Amendment) Bill 2004 which sets out the legislative amendments to the Property Tax Act.
The draft Property Tax (Amendment) Bill 2004 incorporates all amendments to the Property Tax Act relating to the following tax changes:
a. Facilitation of electronic transactions via IRAS' new system IRIN
b. Appointment of Deputy Chairmen for the Valuation Review Board
c. Repeal of Section 8.

The draft Property Tax (Amendment) Bill 2004 is available for public consultation from 15 July 2004 to 11 August 2004. Comments sent after 11 August 2004 will not be considered as they will be too late for incorporation into the final Bill.

Details can be found in the Ministry of Finance Website at www.mof.gov.sg.


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