Property Tax (Valuation by Gross Receipts for Hotel Premises) (Amendment) Order 2008

Status:

Published in Subsidiary Legislation Supplement
on 30 Dec 2008

No. S 696

Property Tax Act

(Chapter 254)

Property Tax (Valuation by Gross Receipts for Hotel Premises) (Amendment) Order 2008

In exercise of the powers conferred by section 7 of the Property Tax Act, the Minister for Finance hereby makes the following Order:

Citation and commencement

1. This Order may be cited as the Property Tax (Valuation by Gross Receipts for Hotel Premises) (Amendment) Order 2008 and shall be deemed to have come into operation on 19th September 2008.

Amendment of paragraph 2

2. Paragraph 2 of the Property Tax (Valuation by Gross Receipts for Hotel Premises) Order 2007 (G.N. No. S 742/2007) is amended by deleting the definition of “gross receipts” and substituting the following definition:

“ “gross receipts”, in relation to a hotel room, means gross receipts from that room after deducting the amount of any cess levied in respect of those receipts under any order made under section 5 of the Singapore Tourism (Cess Collection) Act (Cap. 305C), and includes receipts (after deducting the amount of any such cess) from the rental of any bed therein;”.

Made this 30th day of December 2008.

TEO MING KIAN

Permanent Secretary,
Ministry of Finance,
Singapore.

[R42.14.0001 V4; AG/LEG/SL/254/2002/1 Vol. 3]

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