Taxation in Singapore

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Trained tax investigators will have the power to arrest an individual without warrant under proposed changes to the Income Tax Act.

Taxi drivers are set to receive greater tax relief while private-hire car drivers will be entitled to claim tax deductions for expenses, after the Ministry of Finance (MOF) accepted public feedback on proposed amendments to the Income Tax Act.

It is not only Malaysians who are enjoying their country’s three-month tax holiday. Singaporeans too are taking advantage of the zero-rating of the goods and services tax (GST) to have their shopping sprees across the Strait of Johor.

Not only Malaysians are enjoying the three-month tax holiday but Singaporeans too are taking advantage of the zero-rating of the Goods and Services Tax to have their shopping sprees across the Straits of Johor.

A legal challenge to the Comptroller of Income Tax’s decision to share information about certain taxpayers with the Korean tax authorities in response to an exchange of information (EOI) request has been dismissed by the Court of Appeal in Singapore.

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