The Inland Revenue Authority of Singapore (IRAS) has published new e-Tax Guides: GST: Taxing imported low-value goods by way of the overseas vendor registration regime (First Edition); and GST: Taxing imported remote services by way of the overseas vendor registration regime (First Edition). As announced by the Minister for Finance in Budget 2021, imported low-value goods in respect of business-to-consumer (B2C) transactions will be subject to GST by way of extending the overseas vendor registration (OVR) regime with effect from 1 January 2023. This is meant to achieve parity in GST treatment for all low-value goods consumed in Singapore regardless...