Tax regulations

Singapore’s new GST proposal for crypto “one of the friendliest tax regulations in the world”

The Singapore government’s tax agency proposal to remove the Goods and Services Tax (GST) from cryptocurrency transactions could give the booming industry a boost, experts and industry participants say. Earlier this month, the Inland Revenue Authority of Singapore (IRAS) issued a Draft e-Tax guide outlining the tax treatment of “digital payment tokens” and unveiled its […]