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Tax reflections for the keenly awaited Budget 2017

Tax incentives are a key plank of Singapore policy, and the government is not expected to give them up anytime soon. But in the long run, will Singapore stay attractive?
Thursday, February 2, 2017 - 05:50

Innovation is an all-encompassing term. It does not necessarily entail the creation of something "new" from scratch. An archetypal case would be Uber, which by combining existing technologies (global positioning system, online payment systems, etc) is able to offer new value for customers. This is precisely the "value" that Singapore is trying to emulate in a "value-creating" economy.

SINGAPORE is, at least from a tax perspective, living in interesting times. With the Budget 2017 announcement just around the corner, it is opportune to reflect on the confluence of externalities and domestic forces that have led to this point; their impact on Singapore and some thoughts on

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