Drop in COE premiums may see car buyers rushing in and pushing prices back up, say analysts
Market observers said that COE prices for cars are not likely to continue on a downward trend.
Source: channelnewsasia.com
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Wealth taxes in Singapore on inherited property, luxury cars are challenging, costly to enforce
A wealth tax on luxurious goods such as high-end cars and landed property as well as an inheritance duty on multi-million-dollar homes may seem like plausible ways to protect Singapore's meritocracy, but it can be challenging and even costly to implement and enforce such measures.
Source: todayonline.com
Analysis: Wealth taxes on inherited property, luxury goods and cars are challenging, costly to enforce
SINGAPORE — A tax on luxurious goods such as high-end cars and landed property as well as an inheritance duty on multi-million-dollar homes may seem like plausible ways to protect Singapore's meritocracy, but it can be challenging and even costly to implement and enforce such measures.
Source: todayonline.com
Experts: Singapore Budget 2023's luxury taxes a step in right direction but future moves shouldn't 'swing too far'
SINGAPORE, Feb 16 — It may seem progressive of the Government to raise taxes on luxury items, but economists and tax experts are cautioning that future tax moves should be...
Source: malaymail.com
In view of tech sector's layoffs, should Singapore's workers be better protected from retrenchment?
SINGAPORE, Dec 24 — Mass layoffs in the technology sector have been happening one after another, with Singapore-based restaurant online reservation site Chope being the latest...
Source: malaymail.com