GST from tourists. Why not? In 2019, tourism receipts was $27.7 billion

GST, tax, system, benefits, contribute, lawrence, wong

Now that our borders are open, tourists will start to come back and we will be able to collect revenue from tourists’ spending through the GST. In pre-COVID time, the bulk of net GST collected came from tourists and foreigners residing here, in addition to high income earners. At least 60% in fact. 19 million […]