Author : Antal Deutsch
Publisher : Institute of Southeast Asian
ISBN 13 : 9971988879
Total Pages : 93 pages
Book Rating : 4.76/5 ( download)
Book Synopsis Compulsory Savings and Taxes in Singapore by : Antal Deutsch
Download or read book Compulsory Savings and Taxes in Singapore written by Antal Deutsch and published by Institute of Southeast Asian. This book was released on 1988 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: Three of the four chapters in this book deal with consequences of the income-tax treatment of contributions to and withdrawals from the CPF. They discuss the effects on the borrowing costs of the Government of Singapore, and on the effective rates of return accruing to the citizens as members of the Central Provident Fund. The last chapter presents estimates of the probable decline in the retirement incomes of Singaporeans arising from the 1986 reduction in employer contributions.