US move may nudge some countries to play catch-up on corporate tax rates
But Singapore's already-low 17 per cent headline rate unlikely to be lowered: tax analysts
Singapore
THE move by the United States to cut headline corporate tax rate to 21 per cent might trigger a review by other countries around the world as they look to stay competitive to foreign investors.
In Singapore, however, the already-low 17 per cent headline rate is unlikely to get lowered further, tax experts said. But there could be room to look at more targeted incentives or grants instead.
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