Singapore’s tax revenue surges 22.4% to S$60.7b on low year-ago base

SINGAPORE’S tax revenue rose by 22.4 per cent to S$60.7 billion in financial year 2021/22, on the back of a low base during the previous pandemic-hit year, according to the annual report of the Inland Revenue Authority of Singapore (Iras) on Thursday (Aug 11).


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