Difference between GST and sales tax
I dislike GST which is a "bits and pieces" tax. I prefer a sales tax. What is the difference? GST is a value added tax. It is levied on every transaction. When a product flows through the supply chain, it is taxed at each stage, but the party is allowed to deduct the GST that has already been paid earlier, so it has to pay only...
Grants for ‘energy efficiency projects’
I have a question and I hope that anybody who knows the answer could enlighten and educate me. I thank you in advance. Our Energy Market Authority will be giving out S$23 million in grants which is our precious tax monies to 3 Foreign Owned power generation companies for, according to the news story, energy efficiency projects...
Permanent Residents are Foreigners
Singapore is only country in the world that puts PR on par with citizens, enjoying almost similar benefits and even labelled them as locals. During the pandemic, Singapore is also the only country which gives money to foreigners who are PR. Get this into your head, PR is foreigner with foreign passport and foreign loyalty. This...
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