SUBSCRIBERS

Singapore Budget 2016: Relook Singapore's tax structure for greater competitiveness: EY

Ahead of the Budget, it suggests offering incentives to encourage R&D, and lowering GST registration threshold

Published Wed, Feb 10, 2016 · 09:50 PM

Singapore

SINGAPORE should examine its tax structure for ways to make its economy more competitive - such as by giving incentives for research and development (R&D) and by tweaking its approach to the goods and services tax (GST) to support government spending, says Ernst & Young (EY).

The firm's head of tax services Chung-Sim Siew Moon said: "We propose that Sin…

BT is now on Telegram!

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