Singapore readies sales tax hike as demographic crunch looms

Capt. John

Singapore households are bracing for a sales tax hike that takes effect in the new year as the government shores up coffers ahead of an expected surge in social spending in the rapidly ageing city-state in the years ahead. The goods and services tax, which is levied on everything from groceries to...

https://www.hellenicshippingnews.com/singapore-readies-sales-tax-hike-as-demographic-crunch-looms/

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