Iras collects S$53.5b in tax revenues for FY2019/20
Overall takings up 2.1%, with personal income tax increasing the most, followed by corporate tax
Singapore
REVENUE from corporate taxes and personal income taxes saw the biggest rise among all tax categories, as Singapore's tax authority reported a 2.1 per cent increase in overall takings for financial year 2019/2020. Overall, Iras collected S$53.5 billion in tax revenue.
Personal income tax, which con…
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