The Sales Tax Rate in Singapore stands at 7 percent.
Sales Tax Rate in Singapore averaged 6.73 percent from 2006 until 2020, reaching an all time high of 7 percent in 2008 and a record low of 5 percent in 2007. This page provides - Singapore Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Sales Tax Rate - GST - values, historical data and charts - was last updated on March of 2020. source: Inland Revenue Authority of Singapore
Sales Tax Rate in Singapore is expected to reach 7.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Sales Tax Rate - GST is projected to trend around 7.00 percent in 2021, according to our econometric models.