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SINGAPORE BUDGET 2019

PwC Singapore seeks more tax breaks for early-stage VC funding

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PWC Singapore has suggested a new tax exemption scheme for early-stage venture capital (VC) investment with lower assets under management of about S$10 million to entice more VCs to bring overseas funds to invest in Singapore technology startups.

Singapore

PWC Singapore has suggested a new tax exemption scheme for early-stage venture capital (VC) investment with lower assets under management of about S$10 million to entice more VCs to bring overseas funds to invest in Singapore technology startups

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