Singapore legislation
Regulation 9
Regulation 9
Gross receipts in other cases
Subregulation 1
This paragraph applies to —
every taxable transaction in paragraph 5(1)(a) connected with the tourism event, where —
the taxable transaction is described as complimentary or as a gift;
the consideration for the taxable transaction is paid in money’s worth, or in both money and money’s worth; or
the taxable transaction is a consequence of another transaction that is not a taxable transaction connected with the tourism event; and
every taxable transaction in paragraph 5(1)(b) connected with the tourism event, where the whole of the consideration mentioned in sub‑paragraph (a)(ii) is forfeited as a result of that taxable transaction.
Subregulation 2
Subject to sub‑paragraph (3), the amount treated as the gross receipts derived from a taxable transaction to which this paragraph applies concerning premises used as a hotel (called in this paragraph H), must be calculated in accordance with the formula TGR ÷ N, where —
TGR is the total amount of gross receipts for every taxable transaction mentioned in paragraph 8(1) in relation to H, calculated in accordance with paragraph 8(3) and (4); and
N is the aggregate of the number of rooms on each day of the taxable period required to be provided under the taxable transactions in sub‑paragraph (a), and which —
were used by guests of H; or
were not used due to the intended guests of the rooms failing to arrive at H (commonly known as a no show).
Subregulation 3
Where the TGR under sub‑paragraph (2) is zero, the amount treated as the gross receipts derived from a taxable transaction to which this paragraph applies concerning premises used as H is —
the amount calculated in accordance with the formula in sub‑paragraph (2) as applied in relation to H for an event that —
the Board determines is equivalent to the tourism event mentioned in paragraph 3; and
took place before 2023, or, if there is more than one such event, the most recent of such events; or
if there is no such amount under sub‑paragraph (a) — the amount calculated in accordance with the formula in sub‑paragraph (2) as applied, for the tourism event mentioned in paragraph 3, in relation to another hotel that the Board determines is comparable to and in the vicinity of H.