Finance and treasury centre incentive: Difference between revisions
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imported>Doug Williamson (Create page. Source: The Treasurer, August 2018, p20.) |
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Revision as of 17:33, 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