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Singapore Consults on GST (Amendment) Bill 2018 Including GST on Imported Services

|Proposed Changes|Singapore
Singapore

Singapore's Ministry of Finance has launched a public consultation on the draft GST (Amendment) Bill 2018. The main measures of the bill concern the collection of GST on imported services that will take effect from 1 January 2020 through:

  • A Reverse Charge mechanism for business-to-business (B2B) imported services, where the local GST-registered business customer is required to account and pa…

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