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Singapore Budget 2019 puts some tax breaks out to pasture

Analysts say impact mitigated by alternatives; schemes had been reviewed for relevance

The tweaks, said Finance Minister Heng Swee Keat in his Budget speech, are aimed at "further enhancing the progressivity and resilience of our tax system".


SEVERAL tax incentive schemes have been allowed to lapse after they were reviewed for relevance by the Ministry of Finance, as part of the Budget package delivered on Monday.

These included a property tax boon for tourism projects, the designated unit trust and approved...