Finance and treasury centre incentive: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create page. Source: The Treasurer, August 2018, p20.) |
imported>Doug Williamson m (Classify page.) |
||
| Line 22: | Line 22: | ||
* [[Singapore]] | * [[Singapore]] | ||
* [[Tax avoidance]] | * [[Tax avoidance]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
Latest revision as of 17:34, 1 September 2018
Singapore.
Singapore's finance and treasury centre incentive applies a concessionary tax rate to qualifying treasury income.
Singapore's advantage
- "Singapore's key advantage lies in the island's finance and treasury centre (FTC) incentive already complying with the OECD guidance on preferential tax regimes.
- This provides certainty to multinational companies setting up their regional or global FTCs in Singapore."
- Harvey Koenig, tax partner, KPMG Singapore, The Treasurer magazine, August 2018, p20
