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SME-friendly taxation for fairness: Tharman

Singapore

POLICYMAKERS have to be especially friendly to small and medium-sized enterprises (SMEs) when designing policies to boost innovation and productivity, said Deputy Prime Minister Tharman Shanmugaratnam at a high-powered meeting over the weekend.

Mr Tharman said this was one way to ensure tax policy can support income growth in an inclusive manner.

"Studies in the US and some other places show that a fair amount of the inequality in our workforces is about inequality between enterprises - people...

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