Singapore: High Court dismisses appeal, holds that cement silo is not a “plant” for capital allowance purposes

Affirms a previous decision from the Income Tax Board of Review

Cement silo is not a “plant” for capital allowance purposes

The High Court recently dismissed an appeal from the taxpayer, holding that a cement silo is a building and not a plant for capital allowance purposes. The decision affirms a previous decision from the Income Tax Board of Review—read TaxNewsFlash.

The case is: Singapore Cement Manufacturing Co (Pte) Ltd v. Comptroller of Income tax [2023] SGHC 57

Read a June 2023 report [PDF 854 KB] prepared by the KPMG member firm in Singapore



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