Yip Hon Weng on Gambling Duties Bill
How will small-time vendors and franchisees selling Big Sweep and lottery tickets be affected by proposals in the Gambling Duties Bill? MP Yip Hon Weng wanted to know if the tax to be administered is already incorporated into the cost of obtaining selling rights and tickets from Singapore Pools, and how retailers’ earnings might be affected. In Parliament on Monday (Jan 10), Mr Yip also asked how much more revenue the Inland Revenue Authority of Singapore expects to earn from the implementation of the Bill and whether it can cope with the additional administration and enforcement responsibilities.
How will small-time vendors and franchisees selling Big Sweep and lottery tickets be affected by proposals in the Gambling Duties Bill? MP Yip Hon Weng wanted to know if the tax to be administered is already incorporated into the cost of obtaining selling rights and tickets from Singapore Pools, and how retailers’ earnings might be affected. In Parliament on Monday (Jan 10), Mr Yip also asked how much more revenue the Inland Revenue Authority of Singapore expects to earn from the implementation of the Bill and whether it can cope with the additional administration and enforcement responsibilities.
Popular Shows
