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PwC Singapore seeks more tax breaks in Budget 2019 to spur startup scenePWC Singapore has suggested a new tax exemption scheme for early-stage venture capital (VC) investment with a lower assets under management of about S$10 million to entice more VCs to bring overseas funds to invest in Singapore technology startups. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Singapore Budget 2019: 50% personal income tax rebate capped at S$200THE Singapore government will provide a 50 per cent personal income tax rebate that is capped at S$200, for the year of assessment 2019, said Minister for Finance Heng Swee Keat on Monday. Read more at The Business Times. He is getting not shy........the type of amount want me to thank him
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Singapore rich kids end up with penthouses as parents skirt taxData is scant but property agents say they’ve seen a noticeable up-tick in apartments being bought by wealthy families for their children since the property cooling measures came into effect in July 2018.
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Is Corporate Singapore ready for a new tax world?WITH the 2019 Singapore Budget around the corner, the government faces complex and interconnected choices on how best to deploy fiscal tools to encourage job and wealth creation to enhance its economic competitiveness, while ensuring sufficient tax revenues to fund public spending. Policymakers are pressed to better fund healthcare and education, provide support for young parents, invest in infrastructure and keep the country secure. Read more at The Business Times.
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Strong FDI flows to Singapore and rest of S-E Asia despite US tax reformsTHE big repatriation of foreign earnings by US multinational corporations appears to have no negative impact on Asian economies - especially Singapore and the rest of South-east Asia. Read more at The Business Times.
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