>> ASIAONE / BUSINESS / NEWS / STORY
No stamp duty boost for Govt
Sat, Nov 21, 2009
The Straits Times

By Fiona Chan

THIS year's surprise housing boom may have provided an unexpected windfall for property owners - but not necessarily for the Government.

Developers and individual sellers will probably sell twice the number of private homes this year than they did last year, going by the latest property market figures.

However, the Government is unlikely to see an increase in its revenues from stamp duty, which is a tax on transactions such as property sales.

 

 


For more The Straits Times stories, click here.

 

 

 

 

 
STORY INDEX
 
  No stamp duty boost for Govt
   
 
  Reits row: MAS nixes idea of common manager
   
 
  Maybank inks rehiring pact
   
 
  Japan passes debt relief bill in lower house
   
 
  Deflation major issue for Japan
   
 
  US lawmakers threaten sanctions on China over currency
   
 
  Sony slides to 4-mth low
   
 
  Geithner, under fire, defends AIG bailout
   
 
  Gradual scale-back of stimulus
   
 
  AP lays off 90 to reach payroll reduction target
   
We welcome contributions, comments and tips.
a1admin@sph.com.sg