AsiaOne·3 min read·medium
That $500 flower garland? It's subject to GST, says IRAS to KTV operators
✦AI Summary
Singapore's tax authority, IRAS, has clarified that flower garlands sold in nightclubs are considered taxable business revenue subject to GST. The agency warned operators against creative accounting practices and reminded them of withholding tax requirements for non-resident performers.
A $500 flower garland might look like a generous show of appreciation. To IRAS, it also looks like taxable revenue.
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