There is no sales tax on purchases. However, all fees are subject to Singapore’s Goods and Service Tax (GST). This is a Singapore tax that only applies to the Fees from the trade and not the metal. Example:
Buy gold valued at USD 1,000.00.
Our fee is 1%, which is USD 10.00.
GST is 7% of the fee, which is USD 0.70.
Does Stacker Market™ report transactions to governments?
Does Stacker Market™ withhold income taxes?
Does Stacker Market™ prepare and send year-end tax statements??