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IRAS tax revenue up 4.4% for FY14/15

Of the S$43.4b collected, more than half comes from income tax, boosted by higher corporate profits and individual earnings

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For its financial year 2014/15, the Inland Revenue Authority of Singapore (IRAS) collected S$43.4 billion in tax revenue, 4.4 per cent higher than for FY2013/14.

Singapore

FOR its financial year 2014/15, the Inland Revenue Authority of Singapore (IRAS) collected S$43.4 billion in tax revenue, 4.4 per cent higher than for FY2013/14.

This amount represents 71.3 per cent of the government operating revenue and 11.1 per cent of Singapore's

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