Tagged as: Singapore GST
All that Glitters is Gold: Singapore Repeals GST on Precious Metals
The move to exempt investment-grade gold and other precious metals from goods and services tax (GST) come October 1, 2012, will enhance the city-state's already strong reputation as a preferred investment jurisdiction. ... continue reading
Singapore moving towards a more inclusive society
Singapore is rolling out several programmes to help lower-income Singaporeans move up the social ladder. The Singapore government will initiate measures to ensure that the republic’s economy will grow sustainably and the fruits of growth are shared with all Singaporeans, thus making it a more inclusive society. This was elaborated as one of the government’s … continue reading
World Corporate and Income Tax Comparison Rates, VAT/GST around the world
The table below shows the tax comparison rates around the world. List of Corporate and Income tax rates and VAT/GST around the world. Country Income Tax VAT/GST Corporate Individual Algeria 25% 0-40% 21% Argentina 35% 9-35% 21% Australia 30% 0-45% 10% Goods and Services Tax Austria 25% 21-50% 20% GST Azerbaijan 24% 0-35% 18% Bangladesh … continue reading
When Must a Business Company Register for Singapore GST?
What is GST? Singapore Goods and Services Tax (GST) is a tax charged on the supply of goods and services made in Singapore and on the importation of goods into Singapore. The current rate is 5% (from 1 January 2004). The rate will be increased to 7% from 1 July 2007. You must register: At the … continue reading
Singapore Raised GST to 7%
There has never been a better time than now to incorporate a Singapore Company! Says Ms. Ragini Dhanvantray CEO of Rikvin Group,Singapore. Come July 1 the Goods and service tax will rise from 5% to 7%, and the employers’ contribution to the national savings scheme (CPF) will rise by 1.5% to 14.5%. In lieu with these … continue reading