MOF seeking feedback on changes to GST Act, including rules on digital payment tokens

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MOF seeking feedback on changes to GST Act, including rules on for digital payment tokens

SINGAPORE - The Finance Ministry wants feedback on proposed changes to the Goods and Services Tax Act, including plans to exempt the sale and transfer of digital payment tokens.

Other changes are being mooted as well, two relating to the planned introduction of GST on imported services from January next year. It is also recommending changes to how tax proceedings in the High Court and Court of Appeal are heard.

 

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