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Sin duty hikes and new wealth tax: Singapore house-cleans its tax system
Innovative tax tweaks are making Singapore’s tax system fairer, more progressive and sustainable.
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These innovative moves at Budget 2023 seek to broaden Singapore’s tax revenue streams further and come at a timely juncture.
ST PHOTO: LIM YAOHUI
Simon Poh
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And yet on Tuesday, Deputy Prime Minister and Finance Minister Lawrence Wong demonstrated that some house cleaning was in order, as he delivered his Budget statement.
