Singapore plays long game on IR tax

Other countries, including Japan, have duplicated the Republic's integrated resorts model - except in tax. Their taxes are much higher, even with recent moves here to raise rates. Will Singapore's $9 billion bet on better tourist facilities to boost its coffers pay off?

New: Gift this subscriber-only story to your friends and family

Legalising gambling is among the most contentious Rubicons that policymakers can face.

It wreaks inevitable rifts in lawmakers' benches and can cause sweeping dissonance with the public.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Straits Times on August 28, 2019, with the headline Singapore plays long game on IR tax. Subscribe