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Old 25-02-2023, 05:40 PM
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Thumbs up According to PAP self same accounting methods, all corporate and personal income taxe

An honorable member of the Coffee Shop Has Just Posted the Following:

According to PAP self same accounting methods, all corporate and personal income taxes should be refunded for all.
Since when they loan out a piece of 99yrwrs leasehold land to HDB for SGD$500M, they deny receiving any revenue whatsoever at all, denying enrichment of coffers (which increased by value of $500M), because they only 'converted' a use of physical assets (over lease hold period) into a fiat currency form.
This is a plainly facetious argument, since it's the leasehold and not...

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