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Time is ripe for S'pore to review digital taxation

Recognising value of data in a digital economy will give the country a competitive edge.

An activist demonstrating during a EU finance ministers' meeting in Brussels. Tax authorities worldwide are scrambling to formulate and implement new rules and regulations to secure their share of the digital economy tax pie.

THERE is supposedly an ancient Chinese anecdote that translates to "May you live in interesting times". The implication is that it is far better to live a staid, peaceful life than to endure chaotic or "interesting" times.

Indeed, the international tax community is living in interesting...

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