VAT News

Singapore-Imported digital sales to be liable to GST

Follow the recent trend, the tax authorities in Singapore have announced this week that from 2020, non-Singaporean suppliers of digital services will be liable to remit GST on their supplies to Singaporean customers, both business and non-business.

The charge will be obligatory for businesses whose annual global turnover exceeds SGD1M, and whose annual digital sales to Singaporean customers exceeds SGD100,000.

Further announcements are expected in due course which will outline the exact nature of supplies falling within these rules, together with information on registration procedures.

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