Taxation Case Study

Required This assessment requires you to comment and offer your opinion on the how the Singapore Government and the Inland Revenue Authority of Singapore assisted both businesses and investments during the Covid-19 crisis. There are 2 parts to this assessment . Part One Review traditional and online media (i.e. newspapers, reputable online news sites etc.) in (SINGAPORE) that discuss what assistance was provided by the government and IRAS during the crisis or a sufficiently related topic. You need to find 10 articles (see Sample compilation attached) which relate to the topic/s above on business and investment related. These articles need to be attached and submitted with your assignment. The articles should be from the years 2020/2021 only. If you do not have access to actual newspapers, then you may use the Factiva Database within the Library. You may also use online news sources.Importantly, the articles must be scanned or saved as PDF files and uploaded together with Part Two to Turnitin. Please note we will not accept links to the articles Part Two After reading the articles and exploring the issue in more detail, you will need to write an essay, of 1,000++ words, exploring: – How the Singapore Government and the Inland Revenue Authority of Singapore assisted both businesses and taxpayers to overcome Covid-19 crisis. In your essay, you should address questions such as: 1. What are the objectives of Budget 2021 for Singapore? 2. In your opinion, did the Government act swiftly enough? In your opinion, was the assistance enough or could the Government have provided more? 3. Who benefited the most from the assistance provided and who missed out? 4. Identify one particular measure introduced in the recent Budget 2021 that attracted your attention and why. 5. Overall do you think Budget 2021 would be effective?

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