11 Feb '18, 10pm

Singapore May Unveil a Tax on Online Retailers Like Amazon and Lazada

Singapore may unveil an e-commerce tax in next week’s budget, setting the tone for a region that’s grappling with online retail’s assault on brick-and-mortar vendors. Eight of the 12 economists in a Bloomberg survey said the Feb. 19 budget will contain a new tax on online vendors, with another betting that cross-border digital transactions will now be included in the goods-and-services tax regime. Thailand, Indonesia, and Malaysia -- where governments are funding ambitious infrastructure programs -- are also considering similar plans. Southeast Asian governments are seeking to level the playing field for traditional vendors given the rapid growth of online retailing on platforms such as Lazada, controlled by Alibaba Group Holding Ltd. , and Amazon.com Inc. BMI Research projects the region’s six biggest economies will boost e-commerce to $64.8 billion in 2021 from $37.7 bil...

Full article: https://www.bloomberg.com/news/articles/2018-02-11/singap...

Tweets

Singapore Kicks Off Race to Tax $38 Billion Shopping Boom

Singapore Kicks Off Race to Tax $38 Billion Sho...

businessoffashion.com 11 Feb '18, 11pm

SINGAPORE, Singapore — Singapore may unveil an e-commerce tax in next week’s budget, setting the tone for a region that’s ...

Singapore poised for first sales tax hike in mo...

reuters.com 13 Feb '18, 5am

SINGAPORE (Reuters) - Singapore, a city-state famed for the low-tax model that helped transform it from a gritty port town...

Singapore Budget 2018: Reduced tax breaks for s...

techinasia.com 19 Feb '18, 10am

If you're seeing this message, that means JavaScript has been disabled on your browser . Please enable JavaScript to make ...

Create a Continental GT to your exact specifica...

bentleymotors.com 11 Feb '18, 7pm

BACK TO TOP Configurator Contact Us Terms and Conditions Cookies Sitemap Careers Corporate Media Русский сайт Look-up Reca...

A Pentagon budget like none before: $700 billion

militarytimes.com 11 Feb '18, 4pm

The legislation that Trump signed Friday is expected to translate to billions more for one of the Pentagon’s highest prior...

A Pentagon budget like none before: $700 billion

defensenews.com 11 Feb '18, 3pm

The legislation that Trump signed Friday is expected to translate to billions more for one of the Pentagon’s highest prior...

Cirque du Soleil’s Toruk – First Flight Opens i...

superadrianme.com 12 Feb '18, 2pm

TORUK The First Flight in Singapore in May 2018 TORUK – The First Flight, a new touring production by Cirque du Soleil and...

Singapore is facing a severe aging crisis, whic...

bloomberg.com 19 Feb '18, 9am

Singapore Finance Minister Heng Swee Keat announced a range of tax increases in his budget, including a 2 percentage-point...

Singapore Plans to Boost Goods and Services Tax...

bloomberg.com 19 Feb '18, 9am

Singapore Finance Minister Heng Swee Keat announced a range of tax increases in his budget, including a 2 percentage-point...