Singapore: E-Commerce Taxation in Singapore

Document Type

Book Section

Publication Date

4-2009

ISBN

978-0-19-536721-8

Abstract

Singapore's user-friendly tax system, competitive tax rates, and source-based domestic taxation make it a preferred international business center and, in particular, an ideal home for e-commerce businesses. In addition to an income tax, Singapore levies a goods and services tax (GST), stamp duty, estate duty, lottery and other gambling-related duties, and other taxes. Singapore's tax law does not include particular provisions governing the taxation of e-commerce transactions. Generally, e-commerce transactions are taxed under the same law as traditional transactions. However, the Internal Revenue Authority of Singapore (IRAS) has released two publications that provide guidance on the treatment of e-commerce under the GST and income.

First Page

87

Last Page

100

Num Pages

14

Publisher

Oxford University Press

Place

New York, NY

Editor

Ana D. Penn & Martha L. Arias

Book Title

Global E-Business Law & Taxation

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