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What future holds for tax revenue collection

It seems the key source of additional tax revenue would have to come from GST to meet challenges of an ageing society.

The property tax structure for residential properties has been tweaked several times over the last five years to make the tax system more progressive. Given the cooling of the property market, stamp duty collection is unlikely to increase.

THE state of a country's finances is inextricably intertwined with the state of the economy.

The argument goes that cash will continue to flow into state coffers as long as the economy continues to grow. Singapore's tax revenue has already swelled to an all-time high in the most recent...

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