Written Answer

Changes in Highest Personal Income Tax Rate and Corporate Income Tax Rate since 1991 and Changes in Other Taxes

Speakers

Transcript

22 Mr Leong Mun Wai asked the Minister for Finance (a) what are the changes in the highest personal income tax rate and corporate income tax rate since 1991; and (b) what are the changes in other taxes like GST, water tax and other taxes since 1991.

Mr Lawrence Wong: The highest marginal personal income tax rate for tax resident individuals, corporate income tax rate, GST rate and water conservation tax rate since 1991 are as follows: