SUBSCRIBERS

IRAS tax collection up 4.4% to S$52.4b in fiscal 2018/2019

Vivienne Tay
Published Mon, Sep 2, 2019 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    THE Inland Revenue Authority of Singapore (IRAS) collected S$52.4 billion in tax revenue in the fiscal year 2018/2019, up 4.4 per cent from a year ago.

    The increase was underpinned by Singapore's 3.1 per cent economic expansion in 2018, IRAS said on Monday in its annual report.

    Copyright SPH Media. All rights reserved.