Property ‘decoupling’ illegal if done solely to avoid taxes: High Court

[Ng Cheh Hwang]

Property ‘decoupling’ illegal if done solely to avoid taxes: High Court​

Couples who transfer full ownership of their first home to one spouse – a gambit known as “decoupling” – so that the other can buy another property without the additional buyer’s stamp duty (ABSD), are breaking the law if the sole purpose of the move is to avoid tax, the High Court has found.

 

[Ng Cheh Hwang]