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INDIVIDUAL INCOME TAX IN SINGAPORE 1. PRINCIPLES OF TAXATION APPLIED IN SINGAPORE IN 2018-2021. (Explain how income tax in Singapore can meet the principles of

image text in transcribed INDIVIDUAL INCOME TAX IN SINGAPORE 1. PRINCIPLES OF TAXATION APPLIED IN SINGAPORE IN 2018-2021. (Explain how income tax in Singapore can meet the principles of equity and effectiveness in tax administration.) a) Equity. (20 marks) b) Effectiveness in tax administration. (20 marks) 2. THE IMPACT OF INDIVIDUAL INCOME TAX IMPLEMENTATION ON THE SINGAPORE ECONOMY 2018-2021. (20 marks)

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