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Singapore advised to be ready to review tax regime

Aim is to have a set-up that is broad-based, progressive and fair, and competitive and pro-growth as well

Published Thu, Feb 9, 2017 · 09:50 PM

Singapore

SINGAPORE should stand ready to review its tax regime so that the economy's growth down the road is sustainable, said Heng Swee Keat, chairman of a high-powered committee tasked with reviewing how the economy should be restructured.

When asked by reporters for specifics on the tweaks to the tax regime, he replied: "As to whether there are grand, specific changes to be implemented, that will be a separate process for us to do the consultation, to run through what is needed to be done."

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