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  1. Dfx16

    Singapore won

    Singapore won’t pay tax on its Johor waterworks: Shanmugam Singapore will not pay the raised land assessment tax on its Johor waterworks as a matter of principle, said Minister for Foreign Affairs and Law K. Shanmugam yesterday. The authorities of Kota Tinggi district had sought late last year to double the tax on the Johor River Waterworks, which is owned by national water agency PUB. Underscoring the gravity of the issue, Mr Shanmugam said: "They've issued us further notice saying we are late in payment. If one is bloody-minded about it, I suppose they can seek to levy execution on our waterworks, and then things will get really interesting." He said: "In a normal legal case, if you don't pay tax, somebody goes and attaches and tries to take over the property. We'll have to see whether they want to treat this as a normal case of non-payment and then we'll have to say what our response will be." On Sunday, Prime Minister Lee Hsien Loong highlighted how vulnerable newly independent Singapore had been, with nearly all its water coming from Johor back then. Mr Lee said at the National Day Rally: "Every now and again, when an issue arose with Malaysia, some crazy politicians would threaten to turn off the tap, to get us in line." http://www.straitstimes.com/singapore/singapore-wont-pay-tax-on-its-johor-waterworks-shanmugam Jin Satki !!!
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