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Harvard Institute for International Development Tax Reform in Singapore Tax Reform in Singapore TAX REFORM IN SINGAPORE Section I: The Fiscal Scene 1.1 The Fiscal System Section II: Rationale for GST 2.1 Early Thoughts on GST 3

by Discussion Development , Papers , Glenn Jenkins , Rup Khadka , Glenn Jenkins , Rup Khadka , Glenn Jenkins , Rup Khadka
"... ABSTRACT Globalization has forced many governments to change their economic policies, including tax policies, in the recent years. It has had an even greater impact on Singapore's economy due to the high degree of its openness with respect to trade and investment. In this context, Singapore un ..."
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reduced in order to offset the effect of GST. Similarly, the 5% tax on domestic PUB (public utility tax on electricity, gas, and drinking water) bills of more than S$ 40 was reduced to 2%, and the restaurant and hotel surcharge was reduced from 4% to 1%. The 5% tax on domestic telephone charges and the 5
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