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Budget 2018
Singapore Budget 2018: How 'Netflix Tax' would work and what would be affected
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In the last two years, Australia, the European Union, South Korea, Japan and New Zealand have implemented a so-called "Netflix Tax".
PHOTO: REUTERS
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In two years, Singapore will require digital purchases, which are now exempt, to be subject to the goods and services tax (GST).
Finance Minister Heng Swee Keat announced the move on Monday when he unveiled Budget 2018.
