Tax revenue up 22.4% as economy rebounded following eased COVID-19 restrictions: IRAS - CNA

Stamp duty accounted for the largest share in the jump in tax revenue collection due to the buoyant property market where there was an increase in transactions.

SINGAPORE: A total of S$60.7 billion in tax revenue was collected in the 2021/22 financial year, a 22.4 per cent jump from the previous year as the economy rebounded after COVID-19 restrictions were … [+2032 chars]

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