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Goods and Services Tax ( GST) in Singapore is a value added tax (VAT) of 9% levied on import of goods, as well as most supplies of goods and services. Exemptions are given for the sales and leases of residential properties, importation and local supply of investment precious metals and most financial services. [1]
Following self-government in 1959, the Inland Revenue Department was formed in 1960 when various revenues administered and collected by a number of separate agencies were brought together. When Singapore attained independence on 9 August 1965, substantial changes were made to the Income Tax Act, which came into effect on 1 January 1966.
The Liquor Control (Supply and Consumption) Act 2015 is a statute of the Parliament of Singapore that regulates the supply and consumption of liquor at public places, and to make consequential and related amendments to certain other written laws. The law is designed specifically to deter recurrences of the 2013 Little India riot that took place ...
Website. Official website. www .singaporebudget .gov .sg. Agency ID. T08GA0013E. The Ministry of Finance ( MOF; Malay: Kementerian Kewangan; Chinese: 财政部; Tamil: நிதி அமைச்சு) is a ministry of the Government of Singapore responsible for managing the fiscal policies and the structure of the economy of Singapore .
Double taxation. Double taxation is the levying of tax by two or more jurisdictions on the same income (in the case of income taxes ), asset (in the case of capital taxes ), or financial transaction (in the case of sales taxes ). Double liability may be mitigated in a number of ways, for example, a jurisdiction may: fully tax the foreign-source ...
Singapore Exchange (SGX) has no immediate plans to allow cryptocurrency listings on its bourse, CEO Loh Boon Chye said on Tuesday, adding that conditions are still not ripe for such a move.
Adelaide Dog Farm Days is an in-home doggy daycare that picks dogs up from your home in their bus and takes them to the farm, where they will spend the day running and playing (and getting very ...
Singapore Standards are nationally recognized documents, established by consensus. They are functional or technical requirements in the form of specifications for materials, product system or process, codes of practice, methods of test, terminologies and guides. Technical References (TR) are transition documents developed to help meet urgent ...