Parliament has passed the Property Tax Amendment Bill.
One of the changes seeks to provide clearer rules under which structural networks of pipelines, cables, ducts and railway lines are taxed.
This will bring Singapore in line with the practice in the United Kingdom and Hong Kong.
While machinery is excluded from property tax, these structural networks – if they extend beyond the buildings which house the machinery – will be subject to property tax.
The changes take effect from January.
Source : Channel NewsAsia – 18 Nov 2008