New Perspective on the "ABSD Loophole": Not Necessarily a Sign of Ignorance Among Property Buyers...
Recently, there is news that IRAS is probing into cases where some property buyers transferred 1% of their property shortly after buying and this may be tax evasion. How could it worked so we find out... Disclaimer: I'm trying to figure out why it may have been a loophole. The narration is from my best assumption on how it works and may contain inaccuracies. Consult a proper lawyer with regards to home ownership structure. Article source: ****** BUY SOMETHING YOU VALUE ✅ ✅ ✅ (All sales will be part of the $10,000/y JOSH TAN BURSARY to NTU for two deserving students or towards promoting financial literacy) #1 ONLINE INVESTMENT COURSE AT JOSH TAN ACADEMY ► Follow this link - Why you do NOT need to spend thousands on investment courses? LEARN HOW to research into stocks and identify multi-baggers (at least in Josh Tan's way). Course price at $37 only. NEW BONUS MODULE ADDED and UNLIMITED re-access given with this new structure for future revision. ...