Exempting digital payment tokens from GST
In recognition of global developments and growth in the use of cryptocurrencies, Singapore has provided for Goods and Services Tax (GST) exemptions for digital payment tokens that satisfy certain criteria.
For further inquiries regarding this alert, please contact:
Eugene Lim Co-Founder and Principal, WTS Taxise [email protected] |
Benedict Teow Trainee, WTS Taxise [email protected] |