Goods and services tax in the financial services sector : impact on commercial bank profitability

• Main Authors: Chan, Mei Yee, Chua, Chee Keong, Ng, Joo Peng
• Other Authors: Serene Cheong
• Format: Final Year Project
• Language: English
• Published: 2014
• Subjects: DRNTU::Business
• Online Access: http://hdl.handle.net/10356/59605
• Institution: Nanyang Technological University

GST is a tax on domestic retail consumption, collected at each stage of the business cycle. It works by measuring the amount of "value added" at all stages of production and distribution. It was implemented in Singapore on 1 April 1994 to encourage the spirit of enterprise and maintain an...