This article is the first article of a two-part series that provides an update on the latest tax guidelines issued by the Inland Revenue Authority of Singapore (“IRAS”), namely, the e-Tax Guide on the Goods and Services Tax treatment of digital Payment Tokens published on 19 November 2019 (the “GST Guide”) and the e-tax guide in relation to the income tax treatment of digital tokens published on 17 April 2020. This first article will summarise the main points in the GST Guide.
Source: cnplaw.com
