A new report by the Association of Chartered Certified Accountants (ACCA), in collaboration with the International Federation of Accountants (IFAC), Chartered Accountants Australia and New Zealand (CA ANZ), and the Organisation for Economic Cooperation and Development (OECD), highlights that Singapore is among the top performers in public trust in tax systems. The survey, which included over 12,000 individuals across 29 countries, shows that Southeast Asia, particularly Singapore, leads in trust, digital experience, and perceptions of tax fairness.
The report, titled “Public Trust in Tax 2025: Asia and Beyond,” reveals that 64.7% of respondents in Southeast Asia view paying tax as a community contribution rather than a cost. Singaporeans share this sentiment, reflecting strong support for the fiscal contract. Furthermore, two-thirds of Asian countries believe that public services and infrastructure provide fair returns for taxes paid, a view less common in Europe and Latin America.
Singapore’s advanced digital tax infrastructure, managed by the Inland Revenue Authority of Singapore (IRAS), is noted for its positive user experience, aligning with regional trends. The survey also indicates that Singapore is one of only seven countries globally with a net positive trust rating for politicians on tax matters, contrasting with the high levels of distrust in Western Europe and Latin America.
Helen Brand, Chief Executive of ACCA, emphasised the importance of transparency and fairness in maintaining public trust, stating, “Asia’s strong public trust in taxation offers valuable lessons for the world.” The findings will be further discussed at a launch webinar on 11 February 2026, where policymakers and tax authorities will explore the implications of the report.
