by the way, the tax code is so convoluted and bloated it takes 2 tax seasons, march-april and august-september, hundreds of dollars in filings, multiple tax accountants, an army of irs auditors and tons of paperwork to close just one year (last year) of returns, for one household. for an individual owning a business, multiple properties and holdings, it's never ending until you eat shit and die. even that, there's death taxation, probate and taxation of beneficiaries and debt-inheritors after death. in other words, the irs has jurisdiction beyond the grave.
Thank the Republicans. They don't want to simplify it because the current system benefits their rich buddies. It also keeps the expensive accountants busy.
you should be thankful for the simple, tiny tax code in sg. :p
Of course, it is simple here. You get nothing back for your tax dollars, just pay and pay.
Sinkapore's complexity is in all the other fees and deductions. You don't even know what is yours until you want to access these 'savings' and being told that you can only withdraw a small amount to pay for the services that this savings is supposed to be used for.