Singapore Gazettes GST Amendment Act

The Singaporean Official Gazette Dec. 5 published Act No. 34 of 2022, amending the GST Amendment Act. The law include measures: 1) increasing the GST rate to 8 percent from 7 percent, effective Jan. 1, 2023, through Dec. 31, 2023; 2) increasing the GST rate to 9 percent from 8 percent, effective Jan. 1, 2024; 3) introducing the place of belonging rule for qualifying under the zero-rated regime for travel arranging services, effective Jan. 1, 2023; 4) amending GST transitional rules for imported goods and non-digital services; 5) improving the overseas vendor registration and reverse charge regimes to provide tax ...