You would engage the property and still claim tax depreciation
Finance November 13th, 2009Many people purchase singapore real estate in their individual name or self-managed superior stock & then hire the properties back again to the business enterprise they have. This allows the self-reliant taxation payer or super investment trust to claim the assess depreciation valuation account – that would be substantive on commercial-grade property. It is wholly logical – you might expend equally a good deal time in the office place as you care & the Assess Officer might not consider it your principal site of residency.