Budget 2018

Singapore Budget 2018: How 'Netflix Tax' would work and what would be affected

In the last two years, Australia, the European Union, South Korea, Japan and New Zealand have implemented a so-called "Netflix Tax".
In the last two years, Australia, the European Union, South Korea, Japan and New Zealand have implemented a so-called "Netflix Tax".PHOTO: REUTERS
Published
Feb 22, 2018, 5:00 am SGT
Senior Tech Correspondent
itham@sph.com.sg

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.

TO READ THE FULL ARTICLE

Thank you for reading The Straits Times

You have reached one of our Premium stories. To continue reading, get access now or log in if you are a subscriber.

What is Premium?

A version of this article appeared in the print edition of The Straits Times on February 22, 2018, with the headline 'How 'Netflix Tax' would work and what would be affected'. Print Edition | Subscribe
Topics: 

Branded Content