VATupdate

Share this post on

Purchasing Remote Services from Overseas Service Providers

  • GST on Remote Services: Consumers in Singapore must pay Goods and Services Tax (GST) on all remote services purchased from GST-registered overseas providers, ensuring consistent tax treatment for services regardless of their origin. This includes both digital and non-digital services that do not require physical presence where the service is performed.
  • Examples of Remote Services: Remote services subject to GST include downloadable digital content (like apps and e-books), subscription-based media, software programs, electronic data management services, and various professional and personal services delivered online, such as telemedicine and online counseling.
  • Consumer Responsibilities: Consumers are responsible for providing accurate billing and payment information to overseas service providers to determine GST applicability. Misrepresentation to avoid GST can lead to severe penalties, including fines up to three times the tax amount and potential imprisonment for up to seven years.

Source gov.sg



Sponsors:

Pincvision

Advertisements:

  • Pincvision
  • Exchange Summit