The Business Times
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Vincent Ooi

LECTURER AT YONG PUNG HOW SCHOOL OF LAW, SINGAPORE MANAGEMENT UNIVERSITY (SMU) AND SPECIALIST COUNSEL AT LEGAL INK LLC

As the digital and metaverse economies grow, the tax issues of the day will evolve around the business models adopted.

Virtual worlds, real money: Tax issues in the metaverse

THE term “metaverse” is thought to have been coined by Neal Stephenson in his 1992 science fiction novel Snow Crash. Some 30 years later, with major leaps in technology raising the possibility of this...

Perhaps one day patrons may be willing to pay a service charge regardless of whether they are at a restaurant or a coffeeshop, if the food is served to them and they do not need to return their own tableware.
THE BROAD VIEW

The curious case of the 0.1 per cent service charge

Businesses that try to get around displaying GST-inclusive prices would find that the rules are not quite so easy to circumvent.

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