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The Singapore government has argued that reducing the rate of GST would benefit the wealthy more than the poor, as the bulk of GST is collected from foreigners and higher-income earners. In 2010, 84.2% of all GST paid was collected from foreigners and the top 40% of Singaporean households, while the bottom 20% of households contributed only 4% ...
Revenue House, the headquarters of the Inland Revenue Authority of Singapore, at Novena, photographed in May 2006. The Inland Revenue Authority of Singapore (IRAS) is a statutory board under the Ministry of Finance of the Government of Singapore in charge of tax collection.
As of 28 November 2019, there are 51 pieces of by-law legislation published in the Singapore Statutes. [18] The by-laws generally cover three main areas: (1) the rules governing the use of common spaces and open areas in the estate; (2) conservancy and service charges to be paid to the Town Council; and (3) the penalties for not paying those ...
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NoBroker is a Bangalore-based brokerage-free proptech company that provides all sorts of real estate services under a marketplace, which includes buying, renting, packers & movers, and home services. [ 1 ]
Inside Big Gambling's AI gold rush: 'We see every single bet.'
[49] It is estimated that implementing of the digital tax will bring Singapore US$65.5 million per year. The implemented tax will be at the same level as the GST (Goods and service tax) rate nowadays in Singapore, which is 7%, but it is important to notice that there is planned increase of GST rate at some point between 2021 and 2025.
The suspect in the New Orleans attack that killed 14 people on New Year's Day is believed to have acted alone in a "premeditated and evil act," the FBI has said. The latest information is counter ...