Tax may affect choice of extra remuneration or dividends

IN his BT article titled "The risks of having minority controlling shareholders in firms" published on Dec 28, 2017, my colleague Mak Yuen Teen argued that controlling shareholders will often prefer to receive extra remuneration as opposed to dividends. ...

Hong Kong versus Singapore: A tale of two tax systems

FOR many years, Singapore and Hong Kong have been competing to see which city has the most competitive tax regime, attracting global companies to set up entities in their territories.