Allow corporate funds to tap tax benefits: PwC

[SINGAPORE] Singapore should consider including corporate fund vehicles into tax treaties to enable funds to tap tax benefits, says PwC in a paper.

The paper is the fourth instalment of a concept project on a proposed investment fund law framework that aims to take Singapore to the next stage in the development of its asset management industry.

The latest paper proposes tax changes to enable Singapore to compete as a fund domicile against jurisdictions such as Dublin and Luxembourg.