Impact of GST : a case study on a manufacturing firm
The Goods and Services Tax (GST) was implemented in Singapore on 1 April 1994 as part of its tax reforms in broadening its tax base. This is to reduce reliance on direct taxes as the aging population would bring about a lower tax revenue in the near future. With this new tax, the corporate and incom...
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| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project |
| Language: | English |
| Published: |
2014
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/59776 |
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| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | The Goods and Services Tax (GST) was implemented in Singapore on 1 April 1994 as part of its tax reforms in broadening its tax base. This is to reduce reliance on direct taxes as the aging population would bring about a lower tax revenue in the near future. With this new tax, the corporate and income taxes can be kept low so as to maintain the competitiveness of Singapore in worldwide markets. |
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