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Singapore Issues Release on GST Requirements for Overseas Digital Services from 1 January 2020

11 December 2019

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Approved Changes

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Singapore

The Inland Revenue Authority of Singapore has issued a release on the GST requirements for overseas digital services from 1 January 2020. --- GST payable on overseas digital services from 1 Jan 2020 9 Dec 2019 More than 100 overseas digital service providers have registered for GST under Singapore's Overseas Vendor Registration (OVR) regime, and will be charging GST on their sales of digital services to Singapore consumers with effect from 1 Jan 2020. Currently, only locally procured services are subject to GST, while services procured from overseas are not. Announced in the 2018 Budget Statement, the OVR regime is...