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BDO Binder Tax Sservices SDN BHD tax director Chan Kee Hoong looks at a few major examples of the entitled goods and services tax (GST) input claim for non-residential properties purchased and also highlights the need for developers to take full advantage of the deferred date of implementation to be GST-ready.
In the first article of a two-part serieson goods and services tax (GST) inrelation to the property industry, BDOBinder Tax Services Sdn Bhd tax directorCHAN KEE HOONG focuses on GST's possible impact on a property developer. He shares the experiences from Singapore and Australia, countries that have implemented GST.