Singapore is well-known for offering a favorable and welcoming environment to startups. Bolstered by supportive government policies and private funding, Singapore has emerged as Asia’s preferred business hub; its position …
Global minimum tax: reforming the international taxation system
International tax competition has accelerated with the rise of globalization and is widely regarded as a cause for the downward spiral in the inflows of many governments. World leaders led …
2021 Union Budget of India: are entrepreneurs happy?
On February 1, 2021, India’s government presented the country’s 2021-2022 Union Budget. It was developed to boost India’s economic recovery by introducing incentives across all business sectors, in part to …
India ratifies OECD’s MLI – its impact on Singapore-India DTA
In November 2016, OECD members finalized the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (“Multilateral Instrument” or “MLI”). MLI targets the implementation …
India Finance Act 2020: Key changes to Indian tax regulations
In the midst of the global coronavirus crisis, India’s Parliament, just before adjourning, passed the Finance Bill 2020 as the Finance Act 2020. The law contains a number of tax-related …
India Drops Dividend Distribution Tax; Singapore FDI now Favored
In its latest budget, the Indian government has launched several tax reforms aimed at reviving the country’s economy and improving the investment climate. These include slashing the corporate tax rate …
Recent regulatory changes affecting companies incorporated in Singapore
In the last few months, the Singapore government has implemented a series of legislative changes, signed new international agreements, deployed new online services, and introduced new incentives for entrepreneurs — …
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