<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>April 5, 2009
YOUR LETTERS
</TR><!-- headline one : start --><TR>Rents down, why not property tax?
</TR><!-- headline one : end --><!-- show image if available --></TBODY></TABLE>
<!-- START OF : div id="storytext"--><DIV class=story_text><!-- more than 4 paragraphs -->I refer to the report, 'Rents in prime areas head south' (March22), and wonder why the Inland Revenue Authority of Singapore (Iras) is not reducing property tax this year despite the falling property prices and rents.
I understand Iras needs to be prudent about collecting taxes, but it also has to be proactive and adjust the annual values of properties downwards, in line with the market.
David Goh
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Who says property prices are down? Go see Holland area and Bukit TImah - they are thinking that foreigners and Indonesians still coming in to buy....
</TD></TR><TR><TD style="VERTICAL-ALIGN: top" align=left>Posted by: csanson2004 at Sun Apr 05 16:54:00 SGT 2009
</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR><TR><TD style="VERTICAL-ALIGN: top" align=left><TABLE style="WIDTH: 100%" cellSpacing=2 cellPadding=0><TBODY><TR><TD style="VERTICAL-ALIGN: top" align=left><TABLE class=AlternatePost style="WIDTH: 100%" cellSpacing=0 cellPadding=0><TBODY><TR><TD style="VERTICAL-ALIGN: top" align=left>MIWs do not have super computers to react fast enough.
In the modern age of computers, humans are still like at kindergarten stage.
</TD></TR><TR><TD style="VERTICAL-ALIGN: top" align=left>Posted by: NELNELNEL at Sun Apr 05 06:31:47 SGT 2009
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YOUR LETTERS
</TR><!-- headline one : start --><TR>Rents down, why not property tax?
</TR><!-- headline one : end --><!-- show image if available --></TBODY></TABLE>
<!-- START OF : div id="storytext"--><DIV class=story_text><!-- more than 4 paragraphs -->I refer to the report, 'Rents in prime areas head south' (March22), and wonder why the Inland Revenue Authority of Singapore (Iras) is not reducing property tax this year despite the falling property prices and rents.
I understand Iras needs to be prudent about collecting taxes, but it also has to be proactive and adjust the annual values of properties downwards, in line with the market.
David Goh
<!-- end of for each --><!-- Current Ratings : start --><!-- Current Ratings : end --><!-- vbbintegration : start --><DIV class=vclear><!---vbbTime (Thread ID: 18483) - Start : Sun, 5 Apr 2009 01:45:12:942---><SCRIPT language=javascript>function readCookieVbb() { var errorString = getURLParam("error"); user=getCookie("HTTP_user_id") luser="" if (user!=null) { luser=user.toLowerCase() if (luser == "anonymous" || luser == "anonymous|anonymous") { window.location= p_logoutLink; } } if(user != null && user !=0 && luser!=null && luser != "anonymous" && luser != "anonymous|anonymous") { document.writeln("<table border='0' width='100%' cellspacing='0' id='story_comments' style='display:none'>") document.writeln("<tr id='comments_body' style='display:none'><td colspan='2'>") document.writeln("<table border='0' width='100%' cellspacing='0'>") document.writeln(" <tr ><td class='heading'>Latest comments</td></tr>") document.writeln(" <tr><td id='messageDisplayRegion' width='100%'></td></tr>") document.writeln(" <tr><td align='right'>» Offensive? Unsuitable? Report comment
</td></tr>") document.writeln("</table>") document.writeln("</td></tr>") document.writeln("<tr><td width='100%' colspan='2'>Leave a comment
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Who says property prices are down? Go see Holland area and Bukit TImah - they are thinking that foreigners and Indonesians still coming in to buy....
</TD></TR><TR><TD style="VERTICAL-ALIGN: top" align=left>Posted by: csanson2004 at Sun Apr 05 16:54:00 SGT 2009
</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR><TR><TD style="VERTICAL-ALIGN: top" align=left><TABLE style="WIDTH: 100%" cellSpacing=2 cellPadding=0><TBODY><TR><TD style="VERTICAL-ALIGN: top" align=left><TABLE class=AlternatePost style="WIDTH: 100%" cellSpacing=0 cellPadding=0><TBODY><TR><TD style="VERTICAL-ALIGN: top" align=left>MIWs do not have super computers to react fast enough.
In the modern age of computers, humans are still like at kindergarten stage.
</TD></TR><TR><TD style="VERTICAL-ALIGN: top" align=left>Posted by: NELNELNEL at Sun Apr 05 06:31:47 SGT 2009
</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>