Singapore Suggests Waiving GST On Cryptocurrencies Used As Exchange Medium

Publikováno: 8.7.2019

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Singaporean taxation body, the Inland Revenue Authority Of Singapore (IRAS) has suggested that the Goods and Services Tax (GST) must be lifted on all cryptocurrencies used as a medium of exchange. It published an e-draft titled “Digital Payment Tokens,” which asks the government to exempt cryptocurrencies from taxation. In the draft, IRAS says, “From 1 …

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