Singapore property tax law as it stands: The Rebus Sic Stantibus principle and the statutory formula

• Main Author: OOI, Vincent
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2020
• Subjects: Tax Law; Property Tax; Statutory Fictions; Taxation; Asian Studies; Business Organizations Law
• Online Access: https://ink.library.smu.edu.sg/sol_research/3179; https://ink.library.smu.edu.sg/context/sol_research/article/5137/viewcontent/A033._Singapore_Property_Tax_Law_as_it_Stands__The_Rebus_Sic_Stantibus_Principle_and_the_Statutory_Formula.pdf
• Institution: Singapore Management University

The Singapore jurisprudence appears to have adopted the proposition that the rebus sic stantibus principle is to be disapplied where section 2(3) of the Singapore Property Tax Act (“PTA”) (the “Statutory Formula”) is applied. This article argues that this proposition perhaps ought to be stated more...