The Business Times

Global minimum tax

International

G7 agrees to exempt US multinationals from global minimum tax

Further details on these proposed tax incentives, introduced last Thursday (Feb 13) as part of the review group’s initial measures to strengthen Singapore’s equities market, will be announced this Friday (Feb 21).
Companies & Markets

Tax incentives proposed by MAS review group not a ‘silver bullet’, say experts

Minister of State for Trade and Industry Alvin Tan said a company affected by the global minimum effective tax rate of 15 per cent, for example, may find the new 15 per cent tax rate tier under the DEI “sufficient for its needs”.
Singapore

Singapore expands eligibility, adds higher BEPS 2.0-compliant tax rate for corporate incentive scheme

While top-up tax revenue will not enter coffers yet, indirect effects on investments and economic activity might appear earlier, experts say.
Singapore

After 17% surge in last fiscal year, Singapore’s tax revenue expected to rise at slower pace in FY24/25

A good tax governance structure signifies lower tax risks and, consequently, reduced tax audits and controversies
Opinion & Features
THE BROAD VIEW

Tax governance – a blueprint for tax health

The multibillion-dollar question is – how can Singapore strike the right balance while retaining its position as a preferred location for business and talent?
Opinion & Features

A balancing act – Singapore’s tax policy in a brave new world 

What Budget 2024 has for you
Singapore

What Budget 2024 has for you

In the new Pillar Two world, Singapore must consider other means to continue positioning itself as the preferred FDI location.
Opinion & Features

Global minimum tax – what’s beyond the horizon? 

Tax credits, sustainability-related guidance and more social welfare schemes are among PwC's proposals for Budget 2024.
Singapore
SINGAPORE BUDGET 2024

PwC hopes Budget 2024 will support businesses, sustainability and workers

SBF chief executive officer Kok Ping Soon (left), and Lee Sze Yeng, managing partner of KPMG in Singapore, at the release of a joint Budget 2024 wish list on Monday (Jan 8).
Singapore
SINGAPORE BUDGET 2024

KPMG, SBF call for Budget 2024 to enhance Singapore’s tax competitiveness, promote ESG

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