How different is the Singapore Taxation system from the Australian Taxation System? In this episode of Tax Yak, Lee and the Michaels yak with Adrian Sham to understand the workings of the Singapore Tax System.
The discussion covers a broad introduction of the Singapore Taxation system, including the basis of the law, tax treatment of different income items, tax rates, types of taxes, policy making, engagement with the Inland Revenue Authority of Singapore and the working and taxation of the Singapore retirement fund.
The podcast concludes with another round of TaxBanter Trivia.
Hosts: Lee-Ann Hayes, Michael Bode, Michael Messner
Guest: Adrian Sham, Director of Taxation Services @ Grant Thornton Singapore
Recorded: 6 July 2020