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The Charities Act is a Singapore statute which provides for the registration of charities, the administration of charities and their affairs, the regulation of charities and institutions of a public character, the regulation of fund-raising activities carried on in connection with charities and other institutions and the conduct of fund-raising appeals, and for purposes connected therewith.
Founded on May 22nd 1992, CDAC's mission was to "To nurture and develop the potential of the Chinese Community in contributing to the continued success of multi-racial Singapore". Mr Wong Kan Seng and Mr Wee Cho Yaw were appointed as the first Chairmen for Board of Directors and Board of Trustees respectively.
Before the establishment of President's Challenge, there were several charity projects under the President S. R. Nathan's name. In 2000, President S R Nathan initiated the consolidation of all these events under a single umbrella of President's Challenge so that it will be a single platform for different sectors e.g. corporations, schools and individuals to engage with charity.
The Singapore Red Cross (SRC), formally the Singapore Red Cross Society, is a humanitarian aid and community services charity in Singapore. The SRC is a national member of the International Federation of Red Cross and Red Crescent Societies (IFRC) and International Committee of the Red Cross (ICRC) and forms a part of the International Red Cross and Red Crescent Movement.
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% ...
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Foreign-sourced dividends, foreign branch profits and foreign-sourced service income remitted into Singapore on or after 1 June 2003 by a Singapore resident company will be tax exempt if: [5] the headline tax rate of the foreign country from which income is received is at least 15 percent in the year the income is received, and
The Certificate of Entitlement (COE) are classes of categories as part of a quota license for owning a vehicle in Singapore. [1] The licence is obtained from a successful winning bid in an open bid uniform price auction which grants the legal right of the holder to register, own and use a vehicle in Singapore for an initial period of 10 years.