The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Singapore

SUBSCRIBERS

Fight against tax evasion to get wider powers

Wider Approach allows financial firms to collect, retain Common Reporting Standard data for all non-S'pore tax residents

Published Mon, May 9, 2016 · 09:50 PM
Share this article.

Singapore

PARLIAMENT has given the green light for changes to be made in the tax laws to pave the way for Singapore to join the international fight against tax evasion - changes that will also empower financial institutions in Singapore to report on all foreign money parked here.

"The set of amendments allows Singapore to implement the Common Reporting Standard (CRS), an internationally agreed standar…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Economy & Policy

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here