Family of three white tigers, named Omar, Jippy and Winnie, living in Singapore Zoo.

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Drunk driving is a rising problem in Singapore. With numbers of cases increase throughout the year, more citizens are calling for stiffer penalty to the existing penalty to curb motorist from committing the offence.

Even with the existing penalty, it seems that motorist are still committing this selfish act and endangering the life of others, It will be in no time, the government will impose a tougher penalty for any drunk driving offenders even if it is their first time offense.

Some has been suggesting a life time ban and mandatory jail term of at least one year for any offender and if the number of offenders don’t go down any soon, we can see this penalty going into effect.

It could be very harsh but it’s for the better of everybody especially for other road users and also the pedestrians.

Most of the accident s involving drunk driving usually involves other road users or even pedestrians and causing even death to other life.

If it has to go down to vote, I personally is in favor of a tougher penalties to curb drunk driving.

This is the only way to show the motorist that you should not gamble on other people’s life by drunk driving.

Be a responsible driver and if you drink, please don’t drive. Take on the public transport or get other people to drive you. There has been a lot of campaign going on here to show motorist the effect of drunk driving and this is very important as it can cause other road users their life.

Thailand

Randomly, while we wait for our wardrobe fitting; we jam. We tried to do some random emo mtv which failed terribly. Here is Nurul, Sezairi and Faizal singing to Innuendo’s – Belaian Jiwa. With Malaque – calefare haha. Enjoy blogs.xin.sg summerr-in-the-shower.blogspot.com

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DID YOU KNOW THAT…

“Santiago, the Story of his New Life” is a great Puerto Rican film.It was directed by Jacobo Morales. “Santiago, the Story of his New Life” was nominated for the Best Foreign Language Film Category at the 1989 Academy Awards.

DID YOU KNOW THAT…

Puerto Rico has been described as a museum of the old and new…Puerto Rico is world famous for its beauty and pleasant climate.It is an attractive tourist area of beautiful sandy beaches and nature areas…UNESCO has declared La Fortaleza and San Juan National Historic World Heritage Sites.

DID YOU KNOW THAT…

Sila Calderon was the first female governor of the Commonwealth of Puerto Rico (2001-2005).

DID YOU KNOW THAT…

Puerto Rico has ten idols: Roberto Clemente (baseball player), Ricky Martin (singer),Teo Cruz (basketball player), Jennifer Lopez (singer), Benicio del Toro (actor), Gigi Fernandez (tennis player), Felisa Rincon de Gautier (former mayor of San Juan de Puerto Rico), Pablo Casals (violoncellist),Sila Calderon (former governor),and Rita Moreno (actress).

DID YOU KNOW THAT…

Puerto Rico has won the Miss Universe pageant a record five times: Marisol Malaret (1970), Deborah Carthy-Deu (1985), Dayanara Torres (1993), Denisse Quiñones (2001), and Zuleyka Rivera (2006). It has more titles than Brazil, Argentina and Mexico combined.The only country to have won it more than Puerto Rico is the United States (1954,1956,1960,1967,1980,1995,1997)

DID YOU KNOW THAT…

The 1993 Central American and Caribbean Games were held in Ponce, Puerto Rico.

DID YOU KNOW THAT…

Jennifer Lopez has Puerto Rican ancestry. She was born on July 24, 1970, in the Bronx, New York City, (USA). The multitalented actress and singer Jennifer Lopez is famous around the world. She is a hardworking woman, who started out with little more in her life than dreams.In an interview, she said, “Sure. You work so hard your whole life-it`s hot, hot, hot, and then it`s cold. I know that day will come”. Jennifer fans know that when she sings, she is singing to them.

She admires Barbra Streisand, who is an American singer and film actress.”Barbra Streisand. What she did with her career-acted, sang, did the whole thing. I love her. She made “The Way We Were”.It was a love story about two people, and you see their whole lives. You don´t get that in movies anymore.Where is my “The Way We Were?” I need that before I die”, remarked the actress during an interview… Jennifer Lopez is a symbol of Puerto Rico.

DID YOU KNOW THAT…

Baseball is the national sport in Puerto Rico.

DID YOU KNOW THAT…

Puerto Rico hosted FIBA Basketball Men´s World Championship in 1974.

DID YOU KNOW THAT…

Puerto Rico hosted the Miss Universe 1972. It became the first Latin American country to host Miss Universe contest.

DID YOU KNOW THAT…

Rita Moreno is a well-known Puerto Rican movie, television and theater actress. Rosa Dolores Alverio, best known as Rita Moreno, was born on December 11, 1931 in Humacao, Puerto Rico.She is one of the few Hispanic performers to have won an Academy Award, an Emmy, an Antoinette Perry Award, and a Grammy.She won the 1962 Oscar as Best Supporting Actress for her role in the classic film musical “West Story”…

DID YOU KNOW THAT…

Rosie Perez is a famous American actress and choreographer.

She is of Puerto Rican origin. Rosie was born in Brooklyn, New York City (USA).

DID YOU KNOW THAT…

Puerto Rico is bigger than Singapore.

DID YOU KNOW THAT…

Felisa Rincon de Gautier was mayor of San Juan de Puerto Rico from 1946 to 1969. Felisa was Puerto Rico`s most renowned social activist. She devoted her entire life to the poor and homeless sick people, especially children and women. She received many awards: the Order of Merit from Israel, the Pope Pius XII Medal of the Vatican and Joan of Arc Medal from France…

DID YOU KNOW THAT…

In 1984 Pope John Paul visited San Juan de Puerto Rico.

DID YOU KNOW THAT…

Puerto Rico has competed in the Winter Olympic Games 6 times (Sarajevo-1984, Calgary-1988, Albertville-1992, Lillehammer-1994, Nagano-1998, and Salt Lake City-2002)

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A key determinant for setting up a business in a given jurisdiction is the tax regime in force. In this regard, both Hong Kong and Singapore boast of being one of the lowest tax jurisdictions in the world. Detailed below is a comparative overview of the tax system in Singapore Vs HK.

Tax jurisdiction

Singapore

Taxes are levied on a territorial principle i.e. companies and individuals are taxed on Singapore sourced income.
Foreign sourced income (branch profits, dividends, service income, etc.) will be taxed when it is remitted or deemed remitted into Singapore unless the income was already subjected to taxes in a jurisdiction with headline tax rates of at least 15%.

Hong Kong

Taxes are levied on the territorial principle i.e. only on income “derived from or arising in” HK and not on income sourced outside the SAR.
No tax is levied on profits arising abroad, even if they are remitted to Hong Kong.

Corporate Tax Rate

Singapore: Current corporate income tax rate – 18%. However, corporate income tax rate effective 2010 – 17%. Note: The effective tax rate is much lower – below 9% for profits up to SGD 300,000 and capped at 18% for profits above SGD 300,000
Hong Kong: Current corporate income tax rate – 16.5%

Goods and Services Tax (known as VAT/Sales tax in other countries)

Singapore: 7%
Hong Kong: Nil

Capital gains tax

Singapore and Hong Kong: Nil (Capital loss expenses are correspondingly not allowed as deductions)

Group relief for losses

Singapore: Allowed
HK: Not allowed

Withholding tax

Singapore: Interest, royalties, rentals from movable properties, management and technical fees, and director’s fees paid to non-residents (individuals or companies) are subject to withholding tax. There is no withholding tax levied on dividends. 

Hong Kong: Royalties, rentals from movable properties, and fees paid to non-resident entertainers or sportsmen for their performances in Hong Kong are subject to withholding tax. There are no withholding taxes levied on dividends and interest.

Double Tax Agreements

Singapore: More than 50 bilateral comprehensive tax treaties
HK: DTA network of 37 treaties

Tax Year

Singapore: 1 January – 31 December
HK: 1 April – 31 March

Filing tax returns

Singapore:

Tax returns along with audited accounts must be filed with the Inland Revenue Authority of Singapore by 31 October each year.
Note: Dormant companies (i.e no accounting transactions for the financial year) and exempt private companies (not more than 20 shareholders and shares are not held by another company) with an annual turnover of less than SGD 5 million are exempt from audit requirements and can file unaudited accounts.

Hong Kong

Tax returns along with audited accounts must be filed with the Inland Revenue Department by 31 April each year. The auditor must be a member of the HK Institute of Certified Public Accountants and must hold a practicing certificate.
Note: Dormant companies (i.e no accounting transactions for the financial year) and small corporations (i.e total gross income does not exceed HKD 500,000) are exempt from audit requirements and can file unaudited accounts.  

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