Revenue Statistics in Asian Countries 2017
Trends in Indonesia, Japan, Kazakhstan, Korea, Malaysia, the Philippines and Singapore
The Revenue Statistics in Asian Countries publication is jointly undertaken by the OECD Centre for Tax Policy and Administration and the OECD Development Centre, with the co-operation of the Asian Development Bank and with the financial support of the European Union. It compiles comparable tax revenue statistics for Indonesia, Japan, Kazakhstan, Korea, Malaysia, the Philippines and Singapore. The model is the OECD Revenue Statistics database which is a fundamental reference, backed by a well-established methodology, for OECD member countries. Extending the OECD methodology to Asian countries enables comparisons about tax levels and tax structures on a consistent basis, both among Asian economies and between OECD and Asian economies.
Table 4.7 - Singapore
Details of tax revenue
Revenue Statistics in Asian Countries 2017 - © OECD 2017
4.7 | Singapore | ||||||||||
| Details of tax revenue | ||||||||||
| Million SGD | ||||||||||
| | 1997 | 2000 | 2005 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Total tax revenue | .. | 25 627 | 25 687 | 36 616 | 41 848 | 46 076 | 50 119 | 51 146 | 54 110 | 55 647 |
| 1000 Taxes on income, profits and capital gains | .. | 13 538 | 12 912 | 17 211 | 18 687 | 20 579 | 22 411 | 22 050 | 23 940 | 24 890 |
| 1100 Of individuals | .. | 3 543 | 3 425 | 6 114 | 6 470 | 6 871 | 7 714 | 7 688 | 8 927 | 9 235 |
| 1110 On income and profits | .. | 3 543 | 3 425 | 6 114 | 6 470 | 6 871 | 7 714 | 7 688 | 8 927 | 9 235 |
| 1120 On capital gains | .. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1200 Corporate | .. | 9 509 | 8 589 | 9 961 | 11 260 | 12 450 | 13 360 | 13 209 | 13 887 | 14 253 |
| 1210 On profits | .. | 9 509 | 8 589 | 9 961 | 11 260 | 12 450 | 13 360 | 13 209 | 13 887 | 14 253 |
| From corporate profits | .. | 8 316 | 7 340 | 9 551 | 10 687 | 12 096 | 12 821 | 12 680 | 13 372 | 13 815 |
| Statutory board contributions | .. | 1 192 | 1 249 | 410 | 573 | 353 | 539 | 530 | 516 | 438 |
| 1220 On capital gains | .. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1300 Unallocable between 1100 and 1200 | .. | 486 | 898 | 1 137 | 957 | 1 258 | 1 337 | 1 152 | 1 126 | 1 402 |
| Withholding taxes | .. | 486 | 898 | 1 137 | 957 | 1 258 | 1 337 | 1 152 | 1 126 | 1 402 |
| 2000 Social security contributions | .. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2100 Employees | .. | .. | .. | .. | .. | .. | .. | .. | .. | .. |
| 2110 On a payroll basis | .. | .. | .. | .. | .. | .. | .. | .. | .. | .. |
| 2120 On an income tax basis | .. | .. | .. | .. | .. | .. | .. | .. | .. | .. |
| 2200 Employers | .. | .. | .. | .. | .. | .. | .. | .. | .. | .. |
| 2210 On a payroll basis | .. | .. | .. | .. | .. | .. | .. | .. | .. | .. |
| 2220 On an income tax basis | .. | .. | .. | .. | .. | .. | .. | .. | .. | .. |
| 2300 Self-employed or non-employed | .. | .. | .. | .. | .. | .. | .. | .. | .. | .. |
| 2310 On a payroll basis | .. | .. | .. | .. | .. | .. | .. | .. | .. | .. |
| 2320 On an income tax basis | .. | .. | .. | .. | .. | .. | .. | .. | .. | .. |
| 2400 Unallocable between 2100, 2200 and 2300 | .. | .. | .. | .. | .. | .. | .. | .. | .. | .. |
| 2410 On a payroll basis | .. | .. | .. | .. | .. | .. | .. | .. | .. | .. |
| 2420 On an income tax basis | .. | .. | .. | .. | .. | .. | .. | .. | .. | .. |
| 3000 Taxes on payroll and workforce | .. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 4000 Taxes on property | .. | 2 863 | 2 876 | 4 374 | 6 080 | 7 077 | 8 078 | 8 112 | 7 124 | 7 224 |
| 4100 Recurrent taxes on immovable property | .. | 1 535 | 1 829 | 1 979 | 2 798 | 3 899 | 3 760 | 4 179 | 4 340 | 4 456 |
| 4110 Households | .. | .. | .. | .. | .. | .. | .. | .. | .. | .. |
| 4120 Others | .. | .. | .. | .. | .. | .. | .. | .. | .. | .. |
| 4200 Recurrent taxes on net wealth | .. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 4210 Individual | .. | .. | .. | .. | .. | .. | .. | .. | .. | .. |
| 4220 Corporate | .. | .. | .. | .. | .. | .. | .. | .. | .. | .. |
| 4300 Estate, inheritance and gift taxes | .. | 71 | 81 | 8 | 5 | 3 | 8 | 3 | 1 | -1 |
| 4310 Estate and inheritance taxes | .. | 71 | 81 | 8 | 5 | 3 | 8 | 3 | 1 | -1 |
| 4320 Gift taxes | .. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 4400 Taxes on financial and capital transactions | .. | 1 257 | 967 | 2 386 | 3 277 | 3 175 | 4 310 | 3 930 | 2 784 | 2 769 |
| 4500 Non-recurrent taxes | .. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 4510 On net wealth | .. | .. | .. | .. | .. | .. | .. | .. | .. | .. |
| 4520 Other non-recurrent taxes | .. | .. | .. | .. | .. | .. | .. | .. | .. | .. |
| 4600 Other recurrent taxes on property | .. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 5000 Taxes on goods and services | .. | 7 967 | 8 722 | 12 622 | 14 376 | 15 113 | 15 288 | 15 736 | 16 949 | 17 657 |
| 5100 Taxes on production, sale, transfer, etc | .. | 5 462 | 7 289 | 10 766 | 12 525 | 13 193 | 13 485 | 14 081 | 15 346 | 15 897 |
| 5110 General taxes | .. | 2 121 | 3 815 | 6 914 | 8 198 | 8 687 | 9 038 | 9 513 | 10 215 | 10 345 |
| 5111 Value added taxes | .. | 2 121 | 3 815 | 6 914 | 8 198 | 8 687 | 9 038 | 9 513 | 10 215 | 10 345 |
| 5112 Sales tax | .. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 5113 Other | .. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 5120 Taxes on specific goods and services | .. | 3 341 | 3 474 | 3 852 | 4 327 | 4 506 | 4 447 | 4 568 | 5 131 | 5 552 |
| 5121 Excises | .. | 1 847 | 1 974 | 2 125 | 2 048 | 2 133 | 2 142 | 2 189 | 2 540 | 2 833 |
| Liquors | .. | .. | 368 | 433 | 470 | 496 | 517 | 518 | 634 | 638 |
| Tobacco | .. | .. | 713 | 932 | 889 | 967 | 969 | 1 043 | 1 228 | 1 205 |
| Petroleum Products | .. | .. | 373 | 413 | 419 | 416 | 415 | 414 | 419 | 584 |
| Motor Vehicles | .. | .. | 518 | 344 | 267 | 248 | 233 | 206 | 251 | 399 |
| Compressed Natural Gas Unit Duty | .. | .. | 0 | 0 | 0 | 1 | 3 | 3 | 3 | 2 |
| Others | .. | .. | 3 | 4 | 5 | 5 | 5 | 5 | 6 | 5 |
| 5122 Profits of fiscal monopolies | .. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 5123 Customs and import duties | .. | .. | .. | .. | .. | .. | .. | .. | .. | .. |
| 5124 Taxes on exports | .. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 5125 Taxes on investment goods | .. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 5126 Taxes on specific services | .. | 1 494 | 1 501 | 1 727 | 2 279 | 2 373 | 2 305 | 2 379 | 2 591 | 2 719 |
| Betting duty | .. | 1 494 | 1 501 | 1 727 | 2 279 | 2 373 | 2 305 | 2 379 | 2 591 | 2 719 |
| 5127 Other taxes on internat. trade and transactions | .. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 5128 Other taxes | .. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 5130 Unallocable between 5110 and 5120 | .. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 5200 Taxes on use of goods and perform activities | .. | 2 506 | 1 432 | 1 856 | 1 851 | 1 920 | 1 803 | 1 655 | 1 603 | 1 760 |
| 5210 Recurrent taxes | .. | .. | .. | .. | .. | .. | .. | .. | .. | .. |
| 5211 Paid by households: motor vehicles | .. | .. | .. | .. | .. | .. | .. | .. | .. | .. |
| 5212 Paid by others: motor vehicles | .. | .. | .. | .. | .. | .. | .. | .. | .. | .. |
| 5213 Paid in respect of other goods | .. | .. | .. | .. | .. | .. | .. | .. | .. | .. |
| 5220 Non-recurrent taxes | .. | .. | .. | .. | .. | .. | .. | .. | .. | .. |
| 5300 Unallocable between 5100 and 5200 | .. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 6000 Other taxes | .. | 1 259 | 1 177 | 2 410 | 2 706 | 3 307 | 4 342 | 5 248 | 6 097 | 5 876 |
| 6100 Paid solely by business | .. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 6200 Other | .. | 1 259 | 1 177 | 2 410 | 2 706 | 3 307 | 4 342 | 5 248 | 6 097 | 5 876 |
Not available | |||||||||||
Note: Data are on a fiscal year basis ending 31st March. For example, the data for 2014 represent 1 April 2014 to 31 March 2015. The data are on a cash basis. Heading 2000: there are no social security contributions in Singapore. Heading 4100: recurrent taxes on immovable property includes tax levied on all private properties, as well as properties owned by statutory boards. Heading 5121: comprises excises, customs and import duties. | |||||||||||
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Source: Ministry of Finance of Singapore. |