Retail therapy at a click? You'll likely have to pay GST soon

Singapore

GOODS and services tax (GST) could soon be levied on e-commerce purchases, as the government looks to diversify its tax base and capture value from this fast-growing sector, tax specialists have said.

This could mean getting big e-commerce players to register for GST here if they sell to Singapore consumers, or getting consumers to pay tax on the goods and services they buy online.

The tax experts were reacting to comments by Senior Minister of State for Law and Finance Indranee Rajah, who…