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Singapore discussions on Goods & Services Tax changes


Singapore discussions on Goods & Services Tax changes

Singapore discussions on Goods & Services Tax changes

The Singaporean government has invited interested opinions on proposed changes to the Singapore GST regime. The review will last until 1 July 2014.

The changes to the consumption tax law include:

  • Inclusion of services supplied on ships in the GST net
  • Right to offset input VAT suffered for the return of goods sent outside of Singapore for reprocessing

VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.