Taxes collected by IRAS fund critical areas such as healthcare, education, public housing, and defense, all of which contribute to Singapore’s well-being and economic growth. These taxes also enable the government to invest in infrastructure and future sustainability.
How do taxes collected by IRAS contribute to Singapore’s economy?
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About the Author: Bernard Koo
Bernard Koo is a seasoned business strategist with expertise in company incorporation, market entry, and business expansion across Singapore, Malaysia, and Indonesia. With a background in Marketing & Advertising, he combines regulatory knowledge—spanning licensing, tax structuring, and employment pass facilitation—with digital marketing skills in SEO, PPC, and data analytics. Bernard has helped numerous international clients navigate complex regulatory landscapes while enhancing their market visibility, and he is passionate about delivering practical insights that simplify growth for businesses in Southeast Asia.
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