Feb 23, 2010
The Singapore Minister of Finance has delivered the national budget for the 2010 financial year, proclaiming that the Government is setting its sights on creating a superior economy with higher skills, better jobs and rising incomes. On February 22nd, Tharman Shanmugaratnam, Minister of Finance of Singapore, announced that the Government has accepted the recommendations of [...]
The Singapore Minister of Finance has delivered the national budget for the 2010 financial year, proclaiming that the Government is setting its sights on creating a superior economy with higher skills, better jobs and rising incomes.
On February 22nd, Tharman Shanmugaratnam, Minister of Finance of Singapore, announced that the Government has accepted the recommendations of the Economic Strategies Committee (ESC) and set a course to foster the capabilities needed to positively transform the Singaporean economy over the next decade. The new Budget revolves ... Read More
Dec 17, 2009
Increasing fiscal transparency was an important issue in the economic and political spectrum of the 2009 year. With only a few weeks remaining in 2009, December happened to be one of the most active month of the passing year, with Governments around the globe completing efforts made in negotiations of Double Taxation Agreements (DTA) and [...]
Increasing fiscal transparency was an important issue in the economic and political spectrum of the 2009 year. With only a few weeks remaining in 2009, December happened to be one of the most active month of the passing year, with Governments around the globe completing efforts made in negotiations of Double Taxation Agreements (DTA) and Tax Information Exchange Agreements (TIEA).
In an unprecedented step, Switzerland wishes to cease ratification of its DTA with France in protest at the French authorities' handling of account ... Read More
Oct 20, 2009
With an amendment to its taxation laws, the jurisdiction of Singapore is verged on the edge of becoming an OECD White listed country. The 19th of October saw the Singaporean government pass a new bill with the aim of combating cross-border tax evasion and ensuring that the nation’s laws are in compliance with international taxation [...]
With an amendment to its taxation laws, the jurisdiction of Singapore is verged on the edge of becoming an OECD White listed country.
The 19th of October saw the Singaporean government pass a new bill with the aim of combating cross-border tax evasion and ensuring that the nation’s laws are in compliance with international taxation standards. Following guidelines mooted by the Organisation for Economic Co-operation and Development (OECD), the country’s Income Tax Act has been altered to allow other complying nations to ... Read More
