OrbitaxSingapore Publishes Responses to Public Consultations on Income Tax and GST Amendment Bills
|Proposed Changes|Singapore
Singapore's Ministry of Finance has published summaries of the responses to the public consultations held on the draft Income Tax (Amendment) Bill 2020 and the draft GST (Amendment) Bill 2020 ({News-2020-07-23/P/5-previous coverage}).
With regard to the draft Income Tax (Amendment) Bill 2020, the key feedback received pertains to the following tax changes:
- Introduce a surcharge for tax avoid…
