Description

Implemented Singapore 2021 Budget containing indirect taxation measures

On 1 January 2020, the measure on online advertisement contained in the Budget 2021 is implemented by the Singapore Parliament. The Budget changes how the tax base for the supply of media space for web advertising is calculated. In particular, it es…

Scope

Policy Area
Taxation
Policy Instrument
Indirect taxes
Regulated Economic Activity
online advertising provider
Implementation Level
national
Government Branch
legislature
Government Body
parliament

Complete timeline of this policy change

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2021-02-16
under deliberation

On 16 February 2021, the Budget 2021 is announced by the Singapore Government. The Budget changes h…

2022-01-01
in force

On 1 January 2020, the measure on online advertisement contained in the Budget 2021 is implemented …