Watch Football Online Live
Home » Indirect Taxation » Singapore Indirect Taxation

Singapore Indirect Taxation

Singapore by NightExcise & Customs duties
In Singapore customs duty is payable only on certain alcoholic beverages (e.g. beer) at a specific rate per litre of alcohol.
Excise duty is applicable on liquors, tobacco, motor vehicles, and petroleum products. It is taxed at a specified rates per quantity or ad valorembased on a percentage of the value.

GST: Goods and services tax
The standard rate of GST in Singapore is 7% since January 2007.

Supplies of goods and/or services in specific industries such as residential real estate are exempt of GST.
On certain conditions, exports can be exempt of GST.

Companies with an annual turnover over $1,000,000.00 SGD must register for GST.

For more details: Singapore Taxation Law

To register a company in Singapore please visit www.Weisz-Offshore.com

Short URL: http://www.worldtaxnews.net/?p=743

Posted by on May 14 2012. Filed under Indirect Taxation. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Leave a Reply

Watch Golf Online Live

FEATURED VIDEOS

© 2018 INTERNATIONAL TAX NEWS by World Tax News. All Rights Reserved. Log in

- International Tax News by World Tax News | Designed by LevDesign