Singapore lawmakers passed a bill to raise the city-state’s goods and services tax by 1 percentage point to 8%, effective Jan. 1, 2023, state broadcaster Channel News Asia reportedMonday.
- Tax will be further raised to 9% from Jan. 1, 2024
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Singapore’s Wong Signals Rich May Have to Pay More Taxes (1) Singapore Households to Get S$1.4b Boost to Offset GST Hike: ST
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