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Singapore's tax regime deemed to pass muster in tax avoidance overhaul

Tax experts say OECD reform could also raise Republic's competitiveness through nuanced incentives

Mr Heng said the new recommendations should be "consistently applied across all state and non-state tax jurisdictions to ensure a level playing field", for a stable "pro-growth" global investment environment.


SINGAPORE'S strategic use of tax incentives to draw investments that create economic value is unlikely to be marred by sweeping international tax reform launched on Monday to weed out tax avoidance, tax experts say.

The reform led by the Organisation for Economic Co-