Record $29.9b tax collected in '09
The Business Times - September 07, 2010
...good. Despite a fall in corporate income tax, he collected a record $29.9...7.24 billion. Total individual income tax collection rose 13 per cent to...2008-2009. The rise in individual income tax collection was due to the 12.5...

Iras collects $29.9b in tax
The Straits Times - September 07, 2010
...billion. 'However, total tax revenue was boosted by higher individual income tax due to higher wages earned...of 2009/10. Individual tax payers forked up some $6.1 billion in personal income taxes, up from $5.4 billion...

Iras collects $29.9b in tax
The Straits Times - September 06, 2010
...billion. 'However, total tax revenue was boosted by higher individual income tax due to higher wages earned...of 2009/10. Individual tax payers forked up some $6.1 billion in personal income taxes, up from $5.4 billion...

Eye doctor faces tax evasion
The Straits Times - September 03, 2010
...was charged in court on Friday with tax evasion by under-declaring income totalling about $450,000 from her...have, wilfully with intent to evade tax, prepared false records of IEC's trade income for the Years of Assessment 2006 to...

S'pore firms 'need to boost tax compliance'
The Straits Times - September 02, 2010
...The US government's move to tackle tax evasion by US citizens who bank their...head of Baker & McKenzie's Global Tax Practice. Speakers at the briefing...Singapore and the US could sign an income tax treaty to improve information flow...

E-filing now open for 2009 income tax News
The Star - September 06, 2010
PETALING JAYA: The e-filing for the 2009 income tax return forms is now open, said the Inland Revenue... The IRB, in a statement yesterday, urged tax payers to hand over their income tax return forms and not wait until the last minute...

Individuals boost total taxes to record $29.9b
The Straits Times - September 07, 2010
...although corporate and individual income tax still formed the bulk of taxes...of $6.1 billion in individual income tax. This tax figure relates to income...third of the workers in Singapore pay income tax. Tax experts say the record individual...

Sweden warns against bank tax
The Straits Times - September 07, 2010
...one of the first countries to tax its banks, only to find its...result. Mr Borg warned that a tax on turnover - another possibility...for general corporate taxation income. EU experts who drew up alternatives...into meltdown within days of a tax being introduced - an argument...

Obama to seek increase in R&D tax credit
The Business Times - September 06, 2010
...it by closing other corporate tax breaks, according to administration...annual budget to close corporate tax loopholes. Most of them, which...multinational corporations' overseas income and to oil and gas companies...accept an end to some of the tax breaks protecting overseas profits...

Beware of Pied Pipers and quick fixes
The Straits Times - September 03, 2010
...dismiss such concerns. A second problem with tax cuts is that they might well have only...nearly half of all Americans do not pay income tax already, so cutting taxes skews an already very unequal income distribution. Deferred maintenance on...