I do not like the GST refund for tourist. I believe that GST should be applied to all, locals and tourists. If there is a need to encourage tourism in Singapore, there should be other ways to achive the goal, rather than to have GST refund.
I remembered that there was a scandal involving GST refund by tourists recently. The locals purchase the expensive goods, but asked the tourists to claim the GST refund. Under this scam, both the locals and the tourist shared the spoil.
We may be able to detect some of the scams, but what about the other scams that are not detected? Why create a scheme that has a loophole that can be exploited?
It is better to focus on improving productivity and reduce the cost of doing business, rather than to create these wasteful schemes.
I remembered that there was a scandal involving GST refund by tourists recently. The locals purchase the expensive goods, but asked the tourists to claim the GST refund. Under this scam, both the locals and the tourist shared the spoil.
We may be able to detect some of the scams, but what about the other scams that are not detected? Why create a scheme that has a loophole that can be exploited?
It is better to focus on improving productivity and reduce the cost of doing business, rather than to create these wasteful schemes.
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