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Sugar tax, green perks, friendlier tax regime for startups: Deloitte

Its other suggestions aim to aid startups and small and medium enterprises

Janice Heng

Published Thu, Jan 3, 2019 · 09:50 PM

Singapore

A SUGAR tax, incentives for green investment, and a tax regime that is friendlier to startups are among Deloitte Singapore's Budget 2019 recommendations, released on Thursday.

Deloitte expects this year's Budget "to be a case of 'steady as she goes'," with no major mid-course corrections expected amid steady economic growth and continued implementation of strategies set in 2017 by the Committee for the Future Economy.

With the Health Ministry mulling measures to tackle sweetened beverages and combat diabetes, a sugar tax on drinks manufacturers is one possibility, said Deloitte, adding that reven…

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