Comments on: Why tax donations for Sichuan Charity Show? http://blog.simplyjean.com/2008/05/26/why-tax-donations-for-sichuan-charity-show/ A peek into the road less travelled... Wed, 28 Jul 2010 12:56:37 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: Joel http://blog.simplyjean.com/2008/05/26/why-tax-donations-for-sichuan-charity-show/comment-page-1/#comment-125733 Joel Mon, 06 Jul 2009 05:37:54 +0000 http://blog.simplyjean.com/2008/05/26/why-tax-donations-for-sichuan-charity-show/#comment-125733 Charity TV show with donations made by telephone or SMS message to the donation helpline If the charity TV show does not give away prizes or rewards to donors, GST is not payable on the public donations received. GST is payable on the public donations only when the charity TV show has lucky draws, giving the donors a chance to win prizes and rewards. Accounting of GST is based on 7/107 on the gross donations received less cash payouts to the winners. Charity TV show with donations made by telephone or SMS message to the donation helpline
If the charity TV show does not give away prizes or rewards to donors, GST is not payable on the public donations received. GST is payable on the public donations only when the charity TV show has lucky draws, giving the donors a chance to win prizes and rewards. Accounting of GST is based on 7/107 on the gross donations received less cash payouts to the winners.

]]> By: The Singapore Daily » Blog Archive » Weekly Roundup: Week 22 http://blog.simplyjean.com/2008/05/26/why-tax-donations-for-sichuan-charity-show/comment-page-1/#comment-17536 The Singapore Daily » Blog Archive » Weekly Roundup: Week 22 Sat, 31 May 2008 03:47:09 +0000 http://blog.simplyjean.com/2008/05/26/why-tax-donations-for-sichuan-charity-show/#comment-17536 [...] The Sichuan Earthquake - Simply Jean: Why tax donations for Sichuan Charity Show? [...] [...] The Sichuan Earthquake – Simply Jean: Why tax donations for Sichuan Charity Show? [...]

]]> By: John http://blog.simplyjean.com/2008/05/26/why-tax-donations-for-sichuan-charity-show/comment-page-1/#comment-17359 John Tue, 27 May 2008 09:00:18 +0000 http://blog.simplyjean.com/2008/05/26/why-tax-donations-for-sichuan-charity-show/#comment-17359 A laughing stock for the world to see. "Tax on Charity donation?" What has gotten into these people's mind. Whoever initiated this idea needs to explain to the public the logic behind this. Its enough of "Uniquely Singapore". Charitable donation comes from the heart from each an every individual. Just wait till my Hong Kong friends learn about this ideosyncracy. Really feel embarass to tell my friends I am a Singaporean. Singapore, just take a look at how Hong Kong does charity work. 3 thumbs up! A laughing stock for the world to see. “Tax on Charity donation?” What has gotten into these people’s mind. Whoever initiated this idea needs to explain to the public the logic behind this. Its enough of “Uniquely Singapore”.

Charitable donation comes from the heart from each an every individual. Just wait till my Hong Kong friends learn about this ideosyncracy. Really feel embarass to tell my friends I am a Singaporean. Singapore, just take a look at how Hong Kong does charity work. 3 thumbs up!

]]> By: The Singapore Daily » Blog Archive » Daily SG: 27 May 2008 http://blog.simplyjean.com/2008/05/26/why-tax-donations-for-sichuan-charity-show/comment-page-1/#comment-17336 The Singapore Daily » Blog Archive » Daily SG: 27 May 2008 Tue, 27 May 2008 04:07:38 +0000 http://blog.simplyjean.com/2008/05/26/why-tax-donations-for-sichuan-charity-show/#comment-17336 [...] The Sichuan Earthquake - Simply Jean: Why tax donations for Sichuan Charity Show? [...] [...] The Sichuan Earthquake – Simply Jean: Why tax donations for Sichuan Charity Show? [...]

]]> By: GeekyCoder http://blog.simplyjean.com/2008/05/26/why-tax-donations-for-sichuan-charity-show/comment-page-1/#comment-17329 GeekyCoder Tue, 27 May 2008 02:16:03 +0000 http://blog.simplyjean.com/2008/05/26/why-tax-donations-for-sichuan-charity-show/#comment-17329 The government is behaving more like a profiteer. Head and Tail both also win. No wonder it call itself world-class. Really shameful to take advantage of Singaporean's kindness. Did anyone not forget the telco's infrastructure is built on Taxmoney too ? How about writeoff in the past ? Is it on taxmoney too ? The government is behaving more like a profiteer. Head and Tail both also win. No wonder it call itself world-class. Really shameful to take advantage of Singaporean’s kindness.

Did anyone not forget the telco’s infrastructure is built on Taxmoney too ? How about writeoff in the past ? Is it on taxmoney too ?

]]> By: Joe http://blog.simplyjean.com/2008/05/26/why-tax-donations-for-sichuan-charity-show/comment-page-1/#comment-17326 Joe Tue, 27 May 2008 01:31:59 +0000 http://blog.simplyjean.com/2008/05/26/why-tax-donations-for-sichuan-charity-show/#comment-17326 As usual, this is what MM Lee called "dynamic economy". It is the daily small tax collections that make the biggest differences for the government. As usual, this is what MM Lee called “dynamic economy”.

It is the daily small tax collections that make the biggest differences for the government.

]]> By: dead_cockroach http://blog.simplyjean.com/2008/05/26/why-tax-donations-for-sichuan-charity-show/comment-page-1/#comment-17322 dead_cockroach Tue, 27 May 2008 00:46:45 +0000 http://blog.simplyjean.com/2008/05/26/why-tax-donations-for-sichuan-charity-show/#comment-17322 One of the famiLEE heads singtel right? One of the famiLEE heads singtel right?

]]> By: Waffle http://blog.simplyjean.com/2008/05/26/why-tax-donations-for-sichuan-charity-show/comment-page-1/#comment-17302 Waffle Mon, 26 May 2008 16:26:48 +0000 http://blog.simplyjean.com/2008/05/26/why-tax-donations-for-sichuan-charity-show/#comment-17302 Funny lor... Singapore Govt game US$200,000... Then they taxed the Charity Show which actually gave more than 10 times their donation... One hand out, another hand in... Funny lor…
Singapore Govt game US$200,000…
Then they taxed the Charity Show which actually gave more than 10 times their donation…
One hand out, another hand in…

]]> By: motd http://blog.simplyjean.com/2008/05/26/why-tax-donations-for-sichuan-charity-show/comment-page-1/#comment-17300 motd Mon, 26 May 2008 15:26:10 +0000 http://blog.simplyjean.com/2008/05/26/why-tax-donations-for-sichuan-charity-show/#comment-17300 Running such shows cost huge amount of money. Ultimately how much money that we donated during the show actually reach the people in need? I rather donate straight to the organization instead of letting the business man make money in the name of charity. Running such shows cost huge amount of money. Ultimately how much money that we donated during the show actually reach the people in need?

I rather donate straight to the organization instead of letting the business man make money in the name of charity.

]]> By: Vic http://blog.simplyjean.com/2008/05/26/why-tax-donations-for-sichuan-charity-show/comment-page-1/#comment-17296 Vic Mon, 26 May 2008 14:23:20 +0000 http://blog.simplyjean.com/2008/05/26/why-tax-donations-for-sichuan-charity-show/#comment-17296 I believe that if they have had asked for a waiver, GST will not be collected. MediaCorp could have also waived the admin charges, but I think they still want to try covering some of the show production cost... I believe that if they have had asked for a waiver, GST will not be collected. MediaCorp could have also waived the admin charges, but I think they still want to try covering some of the show production cost…

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