Singapore's Changi Airport Group loses appeal to have tax break for more than RM893mil spent on assets like runways

Justice Choo Han Teck said the assets – two runways and various taxiways and aprons at Terminals 1, 2, 3 and 4 of Changi Airport – were structures and not tools of trade. - PHOTO: ST FILE

SINGAPORE (The Straits Times/ANN): Singapore's Changi Airport Group (CAG) has lost an appeal to have a tax break for S$270 million (RM893 million) spent on assets over three years.

In dismissing the appeal, Justice Choo Han Teck said the assets – two runways and various taxiways and aprons at Terminals 1, 2, 3 and 4 of Changi Airport – were structures and not tools of trade.