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Learn what land value tax (LVT) is, how it differs from other taxes, and why some economists and policymakers favor it. Find out how LVT is implemented in various countries and regions, and how it affects land prices, development, and inequality.
IRAS is a statutory board under the Ministry of Finance that administers various taxes in Singapore, such as income tax, GST, property tax and stamp duty. Learn about its history, functions, initiatives and performance from this Wikipedia article.
Learn about the history, types, and features of public housing in Singapore, which is subsidised, built, and managed by the government. Find out how public housing evolved from resettlement schemes to an asset class and how it affects the lives of Singaporeans.
Learn about the history, rate, exemptions and offsets of GST, a value added tax (VAT) of 9% levied on most goods and services in Singapore. Find out how GST affects different sectors, such as digital services, low-value goods and healthcare, and how it is planned to increase in 2023 and 2024.
Learn about the individual and corporate income tax system in Singapore, including tax rates, exemptions, and filing details. Find out how income earned inside and outside the country is taxed and how to claim foreign tax credit.
Property tax is an ad valorem tax on the value of a property, levied by the governing authority of the jurisdiction where the property is located. Learn about the different types of property tax, how they are calculated and how they vary by country and region.
Singapore is an island country and city-state in Southeast Asia with a multicultural population and four official languages. It was a British colony, a Japanese occupation, and a Malaysian federation before becoming independent in 1965. It is a highly developed, free trade, and low-corruption nation with a high quality of life.
The Income Tax Act 1947 (ITA) is a Singaporean law to impose and collect income tax. It grants the right to pay tax on income accruing or derived from Singapore, and provides penalties for incorrect tax returns.