As the Goods and Services Tax (GST) will be raised from 7% to 8% with effect from 1 Jan 2023,…
Inland Revenue Authority of Singapore
The Inland Revenue Authority of Singapore (IRAS) is the main tax administrator to the Government. IRAS collects taxes that account for about 70% of the Government's Operating Revenue that supports the Government's economic and social programmes to achieve quality growth and an inclusive society. IRAS also represents the Government in tax treaty negotiations, drafts tax legislations and provides advice on property valuation to the Government.