2121 million dollar income earners in Singapore
383 new million dollar income earners
Million dollar income earners contributed 0.7bn SGD in tax
This is 14.5% of total personal income tax collected. Total 4.7bn SGD
Tota tax revenue 23bn
Corporate tax 8.5bn
- Wholesale and retail 2bn (mom & pop stores paying the most tax!!?)
- Finance 1.9bn
GST 4bn
Propery tax 2bn
67 new co.s listed on SGX
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