Income of Taxpayers Rising
Friday, November 3rd, 2006Business Times reported today that the number of taxpaying millionaires has increased to 1,738. It was just 1,481 in 2004. According to the latest IRAS Annual Report, there were 1,724 resident taxpayers with assessed income of more than $1,000,000. Non-resident taxpayers in the same income group numbered 14. The number of taxpayers who reported income [...]
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