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Singapore ‘goes for gold’ with GST exemption on precious metals

Singapore’s government, keen to establish the city-state as the region’s preeminent wealth management hub, has turned its eyes to  precious metals – or rather the taxes surrounding the importing and supplying of investment-grade gold, silver, and platinum – abolishing taxes associated with the metals’ buying and storage. As of October 1st this year, Singapore has done away with a 7%…

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