A race to close the inequality gap

Item 10 on the United Nations’ (UN) list of Sustainable Development Goals (SDG) is to reduce inequality by 2030. The United Nations Development Programme (UNDP) called income and gender inequality a growing global problem.

11 October 2018

Part 2: How Southeast Asian e-commerce taxes could pan out, on an international scale

We outlined in Part 1 how e-commerce taxes are likely to affect the Southeast nations of Singapore, Thailand, Indonesia and Malaysia. Since e-commerce is transnational by nature, a few technical issues also surface when redefining conventional taxation laws to suit a more international context. It is, however, possible to look at what different jurisdictions have done so far.

16 February 2018

Are e-commerce taxes materialising on the Southeast Asian horizon?

Part 1: The need for e-commerce taxes in local economies  The introduction of e-commerce taxes in Singapore is very likely, a Bloomberg survey conducted between 12 economists in February 2018 concluded. Singapore’s next budget tabling, scheduled to take place on 19 February, is anticipated to provide for the taxation of online vendors operating within that region.

15 February 2018

Potential tax hike in Singapore as government spending increases

Singaporeans will be bracing themselves for a hike in taxes ahead of the Singapore Budget that’s slated to be delivered next Monday on 19 February in Parliament. The Budget – to be delivered by Finance Minister Heng Swee Keat – will outline the government’s financial plans for the rest of the year, which include public spending and taxes, among others.

14 February 2018