Singapore’s inland revenue authority releases new draft on GST for crypto

The Inland Revenue Authority of Singapore (IRAS) recently published a draft guide that detailed the conduct of goods and services tax (GST) towards cryptocurrency transactions, since there has been an increase in the use of cryptocurrencies as a mode of payment. The draft has referred, Bitcoin, Ethereum, Litecoin, Dash, Monero, Ripple(XRP) and Zcash as digital […]

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