About 50% of net GST revenue in 2018 and 2019 paid by tourists, foreigners residing in Singapore
TOURISTS and foreigners residing in Singapore accounted for about half of net Goods and Services Tax (GST) revenue in 2018 and 2019, said Chee Hong Tat, Senior Minister of State for Finance in Parliament on Tuesday (Nov 8). Meanwhile, the top 20 per cent of resident households accounted for close to 20 per cent. Chee […]
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