COEs, car taxes set to make up 10.3% of govt inflows in FY2016

Singapore

VEHICLE quota premiums and motor vehicle taxes, which together accounted for 9.7 per cent of the government's total inflows in FY2015, are set to rise to 10.3 per cent in FY2016.

In revenue terms, COE premiums and vehicle tax will grow from S$7.203 billion to S$8.590 billion, up S$1.387 billion.

In the previous financial ye…