Finance and treasury centre incentive

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

See also

• Base erosion and profit shifting
• Concessionary tax rate
• Corporate treasury centre incentive
• Forum on Harmful Tax Practices
• Organisation for Economic Co-operation and Development
• Preferential tax regime
• Singapore
• Tax avoidance