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Settling the (tax) score after the fall

In a post-pandemic world where losses (rather than profits) for many businesses could be pervasive, the time may not be ripe now to bulldoze through BEPS 2.0 measures.

Singapore, as an international business hub location without a large domestic market, stands to become a net loser in the face of fundamental international tax reform.

DURING the violent Hong Kong protests, a Financial Times article (assertively titled "Beijing will have its revenge on Hong Kong") referenced the Chinese phrase qiu hou suan zhang, in concluding that vengeance by the Chinese government will be forthcoming even if the questions of when and how...

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