Tax may affect choice of extra remuneration or dividends

IN his BT article titled "The risks of having minority controlling shareholders in firms" published on Dec 28, 2017, my colleague Mak Yuen Teen argued that controlling shareholders will often prefer to receive extra remuneration as opposed to dividends. ...
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Hong Kong versus Singapore: A tale of two tax systems

FOR many years, Singapore and Hong Kong have been competing to see which city has the most competitive tax regime, attracting global companies to set up entities in their territories.

Opportune time to tweak tax policies to help vulnerable groups

THE Committee on the Future Economy has identified seven strategies for Singapore to stay ahead and achieve sustainable economic growth in a challenging global climate. One key message of its report is the need for our people to possess deep skills and be inspired to learn throughout their lives as...

Tweak our tax policies to lend a hand to SMEs

SMALL and medium-sized enterprises (SMEs) play a significant role in sustaining Singapore's economy. As we await the release of Budget 2017, many SMEs will be looking to the government to help them during the current period of uncertainties where they face operating costs, labour shortage,...