View Full Version : Capital Gain Tax?
http://sgproperty-advisor.blogspot.com/2009/07/flippers-to-be-taxed-soon.html
Just wondering, was this Bill implemented eventually?
:beats-me-man:
Regulators
16-07-11, 00:12
i prefer the capital gains tax to SSD anytime.
Jonathan0503
17-07-11, 11:39
i prefer the capital gains tax to SSD anytime.
But not good if your objective of property investment is on a long term basis. Which is what the government intended vs short term flipping
But not good if your objective of property investment is on a long term basis. Which is what the government intended vs short term flipping
If I had to choose one, I would think capital gains tax is the lesser of the two evils. Also, in my opinion capital gains tax is fairer than SSD.
But not good if your objective of property investment is on a long term basis. Which is what the government intended vs short term flipping
they could tier the capital gains tax to incentivise long term investors. for example, beyond 5 years, the capital gains tax could be 0%. first year capital gains tax is say 30%.
Jonathan0503
18-07-11, 10:28
they could tier the capital gains tax to incentivise long term investors. for example, beyond 5 years, the capital gains tax could be 0%. first year capital gains tax is say 30%.
Then that will be ideal
phantom_opera
18-07-11, 11:48
This is good only if it replaces SSD :scared-2:
This is good only if it replaces SSD :scared-2:
This could be a gradual easing in the measures from SSD to tiered capital gains tax.
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