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     Tax Collection Statistics

     From January to May 2000, a total of S$7.3 billion in taxes was collected. Below is the breakdown:

     NEWS SNIPPETS

  The government collected a whopping S$15.5 billion in tax revenue in the first half of the year, or S$3 billion more than in the same period last year. The full-year's collection is set to hit an all-time high. Income tax rose 20% while motor vehicle taxes soared 66%.

  The government's tax takings surged by nearly S$2 billion in the first five months of the year, providing conclusive evidence that the Singapore economy has in fact recovered strongly. The state collected a whopping S$7.3 billion in taxes from January to May this year, a 36% increase over the S$5.4 billion collected in the same period last year.