"Privatizing" the GST audit : Singapore's compliance programmes

Resource Information

The work "Privatizing" the GST audit : Singapore's compliance programmes represents a distinct intellectual or artistic creation found in International Bureau of Fiscal Documentation. This resource is a combination of several types including: Work, Language Material, Continuing Resources.

Label

"Privatizing" the GST audit : Singapore's compliance programmes

Creator

• Poh, E.H

Subject

• tax compliance
• corporate governance
• cooperative compliance
• risk management
• GST
• VAT

Language

eng

Summary

In recent years, the Inland Revenue Authority of Singapore introduced two goods and services tax (GST) compliance programmes. In this article, the author describes these programmes and observes how they effectively "privatize" the GST audits, particularly of larger businesses, by capitalizing on the potential and motivation of these businesses to incorporate tax risk management as part of overall corporate governance and by leveraging on the internal control processes and practices established by these businesses to secure voluntary compliance with the GST legislation

Citation source

In: International VAT monitor. - Amsterdam. - Vol. 28 (2017), no. 4 ; p. 287-291

Geographic coverage

Asia

Language note

English